Organizational and Economic Problems of Technical Development of the Russian Engineering

Abstract

The paper discusses the problems of development in the Russian machine-building industry, studies its conditions, marks modern features that determine effectiveness of the industry, analyzes the characteristics of innovation and technical capacity changes at machine-building enterprises. The paper reveals the essence and characteristics of innovative renewal forms of fixed capital at machine-building enterprises, analyzes the role of implementation of large complex projects in development of the Russian machine-building industry and conditions of their formation. The authors propose organizational and economic directions of innovative renewal of fixed capital at Russian machine-building enterprises and ways to improve the efficiency of their development. The paper represents possibilities for joint ventures and international strategic alliances as promising forms of mutually beneficial cooperation in order to implement large-scale industrial projects and high-tech development of the Russian machine-building industry.

Keywords: problems of engineering, fixed capital, the degree of wear, restructuring, competitiveness, innovation, investment, strategic alliances, markets

JEL Classification: M20