Investments of Innovative Type as the Most Important Condition for the Neoindustrial Development of the Russian Economy
Investments of Innovative Type as the Most Important Condition for the Neoindustrial Development of the Russian Economy

Summary/Abstract: The article substantiates a new approach to the study of the essence of investments, according to which they are supposed to be considered as one of the key categories of the economic paradigm core (industrial, postindustrial, neoindustrial), reflecting not only qualitatively new conditions of social reproduction, but also the role of a person in the modern world. Active development of the human component of intellectual capital and the formation of innovative technical and technological resources are considered as the main priorities of innovative investments. A complex criterion reflecting the state of investment in the innovative type can be the norm of gross accumulation, which, with respect to the Russian economy, in the conditions of a capital-intensive and innovative nature of investments, should not be lower than 28-30% of GDP. The purpose of the article is to disclose the content of innovation type investments aimed at continuous scientific and technical modernization and large-scale labor saving in order to meet the modern material, social and environmental needs of society, in the conditions of the formation of the neoindustrial economic paradigm. The methodological basis for the study was formed on the principles of an integrative approach and rational (limiting) criteria for economic security. On their basis, the conclusion is drawn that the main constraint of innovative type investments in the Russian economy is the imbalance between the accumulated human potential, on the one hand, and the state of technical and technological resources and innovative systems (national and regional), on the other hand. Proposals on intensification of investment activity and transformation of investment policy in the Russian Federation were developed.

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