Financial and Economic Aspects of Diversification Formation Patterns in Strategy Development of Regional Mechanical Engineering

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Abstract

The article presents the results of the study of adaptation problems of Russian defense industry enterprises in the course of diversification. The different priorities of goals in the implementation of diversification strategy in the development of civil and military products for the defense industry organizations is shown. The mechanisms of institutional support and competitiveness of machine-building companies in the region in the transition to the production of civil and dual-use products are discussed. The existing institutions of diversification are systematized and their functions are clearly identified, both at the Federal and regional levels. The article substantiates the importance and role of regional engineering for the Russian economy and considers the range of possible alternative methods of financing diversification, providing the transition to an effective model of real technological development of civil engineering. The forms and examples of successful diversification in defense industry enterprises in Novosibirsk Oblast are analyzed. The necessity of a differentiated approach to development of the processes of diversification at defense enterprises is proven. It should take into account the specifics of military-technical products and the possibility of using unique capacities in certain groups of defense enterprises in the manufacture of civilian high-tech products. The factors affecting the prospects and dynamics of diversification of production of defense enterprises in the Novosibirsk Oblast are identified. The mechanisms of diversification are specified and the measures to ensure its implementation by the authorities are formulated and proposed.

Original languageEnglish
Title of host publication2018 14th International Scientific-Technical Conference on Actual Problems of Electronic Instrument Engineering, APEIE 2018 - Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages206-408
Number of pages203
ISBN (Electronic)9781538670545
DOIs
Publication statusPublished - 26 Nov 2018
Event14th International Scientific-Technical Conference on Actual Problems of Electronic Instrument Engineering, APEIE 2018 - Novosibirsk, Russian Federation
Duration: 2 Oct 20186 Oct 2018

Conference

Conference14th International Scientific-Technical Conference on Actual Problems of Electronic Instrument Engineering, APEIE 2018
Country/TerritoryRussian Federation
CityNovosibirsk
Period02.10.201806.10.2018

Keywords

  • competitiveness
  • Diversification
  • hi-tech
  • regional engineering

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