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Long-term Socioeconomic Challenges for Russia and Demand for New Technology

Author

Listed:
  • Alexander Apokin

    (Center for Macroeconomic Analysis and Short-term Forecasting, Russia)

  • Dmitry Belousov

    (Center for Macroeconomic Analysis and Short-term Forecasting, Russia)

  • Vladimir Salnikov

    (Center for Macroeconomic Analysis and Short-term Forecasting, Russia)

  • Igor Frolov

    (Institute for Economic Forecasting of the Russian Academy of Sciences, Russia)

Abstract

The primary long-term socio-economic challenges facing Russia – both global and country-specific in nature – drive demand for a range of technologies. We explore several groups of challenges, namely urbanization, demographic, socio-economic, the consequences of ageing, geopolitical, restricted access to key technological competences, climate change and its ecological consequences, as well as technological challenges largely associated with risks in ICT and biotech development, and the emergence of so-called ‘killer technologies’ that induce structural transformation in the economy. We identify four groups of key factors influencing demand for new technology. First, those factors that strengthening Russia’s role as a provider of key natural resources for the global economy. Second, of equal importance are those factors that support import substitution of various products of the global market, including electronic components, chemicals, and food products. Third, developing centres of technological competences plays a significant role, especially in export-oriented, manufacturing, and services sectors. These include nuclear energy, software, weapons and military equipment, military aircraft, and energy machinery. Finally, technological advancement would occur by integrating Russia within global technological value chains with external system integrators in pharmaceuticals, machine-building, petroleum products, and some ICT sub-sectors.

Suggested Citation

  • Alexander Apokin & Dmitry Belousov & Vladimir Salnikov & Igor Frolov, 2015. "Long-term Socioeconomic Challenges for Russia and Demand for New Technology," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 9(4), pages 6-17.
    • Handle: RePEc:hig:fsight:v:9:y:2015:i:4:p:6-17
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    References listed on IDEAS

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    1. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    Cited by:

    1. A. G. Aganbegyan & A. N. Klepach & B. N. Porfiryev & M. N. Uzyakov & A. A. Shirov, 2020. "Post-Pandemic Recovery: The Russian Economy and the Transition to Sustainable Social and Economic Development," Studies on Russian Economic Development, Springer, vol. 31(6), pages 599-605, November.
    2. Anna Grebenyuk & Sergey Shashnov & Alexander Sokolov, 2016. "S&T Priority Setting. International Practices and the Case of Russia," HSE Working papers WP BRP 67/STI/2016, National Research University Higher School of Economics.
    3. Olli-Pekka Hilmola & Andres Tolli & Yulia Panova, 2019. "Global Corporations And Smaller Actors In Textile Business: European Perspective," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 216-230.
    4. V. Ivanter V. & B. Porfiriev N. & A. Shirov A. & I. Shokin N. & В. Ивантер В. & Б Порфирьев Н. & А. Широв А. & И. Шокин Н., 2017. "Основы Структурно-Инвестиционной Политики В Современных Российских Условиях // Basis Of Structural-Investment Policy In Modern Conditions Of Russian Economy," Финансы: теория и практика/Finance: Theory and Practice // Finance: Theory and Practice, ФГОБУВО Финансовый университет при Правительстве Российской Федерации // Financial University under The Government of Russian Federation, vol. 21(1), pages 6-15.
    5. Yury B. Klyuev, 2018. "Goals and means of Russia’s economic development under the sixth technological wave," Journal of New Economy, Ural State University of Economics, vol. 19(6), pages 33-50, December.

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    More about this item

    Keywords

    long-term socioeconomic challenges; demand for technology; technological development; S&T policy;
    All these keywords.

    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
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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