Features and problems of innovative development of the russian economy under the conditions of the “Fourth Industrial Revolution”

Abstract

The purpose of this study consists in theoretical understanding of the main problematic aspects of the innovative development of the Russian economy, resulted from the change in the technological modes or the so-called industrial revolutions. On the basis of generalization and analysis of the economic statistics data, the authors conclude that the deindustrialization of the Russian economy poses a threat to its innovative development. The global trends in the sphere of Industry 4.0 are analyzed and integrated, the Russian economy is viewed as an economy of “catching-up” development. The existing points of view are integrated and the approaches are being developed to overcome the present situation with an orientation to the measures that are currently being implemented by the Government within the framework of the topic under study. The main research methods include scientific knowledge methods: Scientific abstraction, retrospective analysis, methods of economic statistics, systematic method, and comparative analysis method as well. The authors point out that it is possible to overcome the technological gap through the use of breakthrough technologies forming the core of the new technological mode on the grounds of the theoretical search and generalization of the viewpoints on the issue under investigation, the empirical data, research methodology and civilization experience. For this purpose, it is advisable to declare a new industrialization based on digitalization as a priority of economic development for the next decade