2017, №2

The Schumpeterian Economic Theory of Industrial Policy: the Impact of the Technological Structure

Abstract:

This study is based on the assumption that the development of the modern industrial system goes beyond the known principle of «creative destruction» actively promoted by J. Schumpeter and firmly embedded in the intellectual framework of economic theory. For the development of industry, another principle – «combinatorial expansion» – is of great importance, which is expressed in the fact that technologies are combined, providing the system with a new quality of development. At the same time, an essential part of such combinations does not require an additional significant resource, which in the economy of interspecific resources generates new regimes and forms of industrial development. The separation of old and new technologies, a structural representation of the industrial development regime, allows not only to explore the process of interfacing different technologies, but also to set an important task of allocating resources between old and new combinations in industry. The structural formulation of the problem of industrial management gives to the classic methods of industrial policy a new perspective, since it allows to influence the transfer of resources between sectors of the economy and industry, justifying and highlighting the necessary directions of impacts and industrial policy measures, including the goals of developing its individual sectors. The application of the resource- factor approach allows one to investigate the transfer of labor resources from «old» industries to «new» ones. With regard to the Russian economy, this overflow is very low, and the increase in the number of employees in new production can occur, mainly, due to the incoming resource. According to work, Russian industry, as well as the technology structure, has significant limitations for strategic development. Increasing the technological level of the industry is difficult to imagine without solving the problem of allocating investments between old and new combinations.

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Aleksandr I. Tatarkin – Member of RAS, Institute of Economics of the Ural Branch of RAS (Ekaterinburg, Russian Federation)

Oleg S. Sukharev – Doctor of Economics, Professor, Institute of Economics of the Russian Academy of Sciences; MEI RAS (Moscow, Russian Federation; e-mail: o_sukharev@list.ru).

Ekaterina N. Strizhakova – Cand. Sci. (Econ.), Bryansk State Technical University, (Bryansk, Russian Federation; e-mail: kathystr@inbox.ru).