THE TRANSPARENCY OF INFORMATION AS A BASIS OF INNOVATION DEVELOPMENT STRATEGY FOR THE RUSSIAN ECONOMY
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THE TRANSPARENCY OF INFORMATION AS A BASIS OF INNOVATION DEVELOPMENT STRATEGY FOR THE RUSSIAN ECONOMY
Annotation
PII
S042473880000616-6-1
Publication type
Article
Status
Published
Authors
Valerii Malyshev 
Pages
3-18
Abstract

The author proves that the transition to innovation economy is determined not only by increasing high-technology products but mainly by changing of mechanism of production affairs. It is shown that Russian economy today is highly monopolized with profit maximization behavior of producers whereas the Innovation Development Strategy up to 2020 supposes the basic renovation. The crux of this renovation is changing the reproduction process by including consumption into it. Also the role of prices should change: their stimulation function would be replaced by distributional function.

Keywords
monopoly, monopsony, maximization behavior, consumption production, distribution function of prices, transaction costs, competition, state interests, balanced economy, interbranch technological progress, interbranch companies’ cooperation
Date of publication
01.01.2013
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0
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84
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