industry

Introduction. For Russia, the development of an effective industrial policy is a response to the challenge of maintaining competitiveness and increasing the productivity of the country’s industrial complex. The study aims to identify and systematize the prerequisites and limitations of industrial development in the context of the institutional component of industrial policy. Theoretical analysis. We have considered the historical transformation of views on industrial policy, identified resource-industry and institutional approaches to industrial policy, and justified their differences. Based on the literature review the specific features of the institutional environment of Russia have been summarized: path dependence of previous development, weakness of institutions, institutional traps, distorting market signals. Empirical analysis. The analysis of statistical information made it possible to substantiate that over the past decades, Russia has deepened its raw material specialization, while there are some positive changes regarding the quality of the institutional environment. The analysis of the features of the institutional component of industrial policy made it possible to identify the following turning points: the creation of the Presidential Council on the modernization of the economy and innovative development of Russia; the adoption of a law on industrial policy; the modification of the system of central executive bodies and the improvement of their interaction; creation of infrastructure of the Industrial Development Funds. At the same time, a number of restrictions on the institutional environment have been identified. The most significant are: the formal and contradictory nature of the strategic planning of industrial development, duplication of powers and contradictions between formal institutions of state power, the creation of a system of “incomplete” regulation. Results. The analysis has revealed that effective institutes for the development of industrial policy have not yet been formed, despite the permanently changing institutional environment. The thesis on situational and institutional component of the fragmentation of the existing industrial policy has been confirmed.

Introduction. The tactical objective of the authorities in the field of innovation is the formation of a favorable environment, as «umbrella» over innovation. Theoretical analysis. The article analyzes the activities of executive authorities in the Saratov region, responsible for taking initiatives in innovation, and algorithmic activities of the government of the Saratov region on the creation of favourable innovation climate and innovation infrastructure. Empirical analysis. The mechanisms of influence of the Ministry of industry and energy of the Saratov region, the Ministry of economic development and investment policy, regional Venture Fund and Business incubator for innovative activity in the region analyzed. Discussion of the results. There is support of key state agencies aimed at stimulating innovation activity, commercialization of new inventions, their introduction into production in the Saratov region. Powerful university complex with regional bodies has a direct impact on the development of innovative activities in the region. However, weak industry, the lack of competitive enterprises in a modern technological basis, the bankruptcy of many industrial enterprises, the burden of excessive taxes, high tariffs, lack of investment programs reinforce is negative trends. It requires the review of all innovation, investment and industrial policy in the Saratov region, its adjustment towards the creation of favorable conditions for development of innovative activity.