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Industrial Policy: Peculiarities of Understanding and Dependence on the Level of Implementation

  • Oleg V. TrofimovEmail author
  • Andrey P. Kostyrev
  • Lyudmila V. Strelkova
  • Yuliya A. Makusheva
  • Tatyana V. Trofimova
Conference paper
Part of the Lecture Notes in Networks and Systems book series (LNNS, volume 91)

Abstract

One of the actual problems in the implementation of industrial policy at present is a multiplicity of approaches to its understanding both within a single country and when comparing views of authors from various countries. This problem is deeper than just the difference in definitions. At different levels of implementation of industrial policy there may be inconsistency of its goals, objectives, and means. The aim of this research is to analyze the multiplicity of interpretations of industrial policy among Russian and foreign authors and to consider the problem of definition of industrial policy in normative documents on federal and regional levels in Russia. Division of goals, objectives, and means of industrial policy into general (set by the higher level) and specific (reflecting the interests of a certain level) is proposed, concept of prioritization of objectives is stated, objectives and means of industrial policy at a certain level of its implementation. It is concluded that it is important to harmonize the content of industrial policy and take into account interests of subjects and stakeholders at different levels. In conclusion, it is noted that industrial policy at the regional level should combine federal and regional goals and objectives, unite interests of sectoral groups and territories. Achieving harmonization of goals, objectives and means of industrial policy will contribute to emergence of a synergistic effect in terms of improvement of quantitative and qualitative indicators of the industry.

Keywords

Industry Industrial policy Content of industrial policy Level of industrial policy Prioritization 

JEL Code

L500 L 510 L520 L600 

Notes

Acknowledgments

“The research was carried out with the financial support of RFBR and the Government of Nizhny Novgorod region within the scientific project No. 18-410-520009”

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Oleg V. Trofimov
    • 1
    Email author
  • Andrey P. Kostyrev
    • 1
  • Lyudmila V. Strelkova
    • 1
  • Yuliya A. Makusheva
    • 1
  • Tatyana V. Trofimova
    • 2
  1. 1.National Research Nizhny Novgorod State University N.I. LobachevskyNizhny NovgorodRussia
  2. 2.Institute of Management—branch of RANEPANizhny NovgorodRussia

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