The Innovative Development of Industrial Production in the Digital Economy of Russia

Authors

Oksana E. Ivanova^1, , Mikhail S. Abrashkin^{2, *,} abrashkinms@mail.ru^, , Martin Sikyr^3, , Yury V. Daneykin^4,

¹Kostroma State Agricultural Academy, Kostroma region, Russia

²LEONOV Moscow Region University of Technology, Korolev, Russia

³University of New York in Prague, Prague, Czech Republic

⁴Yaroslav-the-Wise Novgorod State University, Veliky Novgorod, Russia

DOI

10.2991/aebmr.k.220208.027How to use a DOI?

Keywords

industrial enterprises; innovative activities; industrial production; digital economy

Abstract

The sustained competitiveness of industrial enterprises is determined by their ability to constantly innovate their methods, products and services. The article analyzes the innovative activity of individual Russian industrial enterprises and proposes strategic priorities for the innovative development of industrial production in Russia in the context of digital transformation. The activities of 384 industrial enterprises of various profiles from 2015 to 2019 were analyzed on the basis of publicly available accounting (financial) statements. The analyzed sample of enterprises is representative with a confidence level of 95% and an error of 5% for the entire set of industrial enterprises in Russia. To specify the innovative development of industrial production in the Russian digital economy, the economic development and financial stability of selected Russian industrial enterprises, and the determinants of the innovative development within digital transformation of the economy are analyzed. The results imply the need to transform ways of managing and studying the functioning of industrial production and innovative trends. The analysis led to the definition of strategic priorities of the innovative development of industrial production in Russia based on control mechanisms ensuring stable economic growth and increasing competitiveness of Russian industrial enterprises within the digital economy. The achieved results can be used in predicting the development of the situation at different government levels to ensure a successful digital transformation of industrial production.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

Download article (PDF)

TY  - CONF
AU  - Oksana E. Ivanova
AU  - Mikhail S. Abrashkin
AU  - Martin Sikyr
AU  - Yury V. Daneykin
PY  - 2022
DA  - 2022/02/25
TI  - The Innovative Development of Industrial Production in the Digital Economy of Russia
BT  - Proceedings of the International Scientific and Practical Conference Strategy of Development of Regional Ecosystems “Education-Science-Industry” (ISPCR 2021)
PB  - Atlantis Press
SP  - 190
EP  - 197
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220208.027
DO  - 10.2991/aebmr.k.220208.027
ID  - Ivanova2022
ER  -