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Factors Of Technological Development And Re-Industrialization Of Traditional Industrial Sectors

Author

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  • O. A. Yeremchenko
  • O. V. Cherchenko

Abstract

The factors contributing to the technological development of traditional sectors of industry, in particular the global automotive industry, are considered. It is noted that the automotive industry, which is not related to high-tech industries, by the end of 2017 entered the top 3 industries with the highest level of science among the six largest industrial sectors. The analysis of the competitive landscape and strategies of technological diversification of the traditional leaders of the automotive industry, caused by the emergence of technologies for the electrification of vehicles, was carried out. It is concluded that among the factors that lead to reindustrialisation traditional industries, are the emergence breakthrough technology; the escalation of competition for new niches formed by this technology; a sharp increase in the volume of budgets for research; increasing of investment and patent activity; removal of barriers established by intellectual property rights; cooperation with companies of related industries.

Suggested Citation

  • O. A. Yeremchenko & O. V. Cherchenko, 2018. "Factors Of Technological Development And Re-Industrialization Of Traditional Industrial Sectors," Economics of Science, Delo Publishing house, vol. 4(2).
    • Handle: RePEc:abz:journl:y:2018:id:121
    DOI: 10.22394/2410-132X-2017-4-2-95-114
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    Cited by:

    1. Kurakova, N.G. (Куракова, Н.Г.), 2018. "The nationalization of the scientific and technological sphere of the Russian Federation: problems and consequences [Огосударствление Научно-Технологической Сферы Российской Федерации: Проблемы И П," Economy of science, Russian Presidential Academy of National Economy and Public Administration, vol. 4, pages 164-174, April.
    2. N. G. Kurakova, 2018. "The nationalization of the scientific and technological sphere of the Russian Federation: problems and consequences," Economics of Science, Delo Publishing house, vol. 4(3).

    More about this item

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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