Strategical Aspects of Building-In the Corporative Capital into the Russian Economy

Olga V. Brizhak () and Alexander A. Ermolenko ()

Economics of Contemporary Russia, 2018, issue 3

Abstract: The article reveals the content of the conceptual construct “building-in of corporate capital†as a process of embedding corporate capital into the national economy in the conditions of dynamic and profound transformations. In the process of its formation and development, domestic corporate capital experienced the negative impact of many factors of market reforms implemented in the Russian economy, which led to its ugly deformation. These processes resulted in built-in restrictions on the process of corporate capital formation into the transformed Russian economy, which, in the face of increased competition at the present stage of development, lead to the increase of competitive positions and the expulsion of domestic corporations to the far periphery of the global evolutionary process. The authors analyze the strategic scenarios and tools of social responsibility in the conformation of corporate capital of the Russian economy, evaluate the various effects that are formed in this process, establish arising in connection with these scenarios, the possibility and limitations. The authors investigate the problematic components and contradictions of corporate capital conformation, offer tools for managing this process. The article contains recommendations on the coordination of the structural component of the state economic policy addressing the corporate sector. The authors’ results belong to one of a new and promising areas of economic research, which determines the significant novelty and debatable nature of the provisions, conclusions and recommendations presented in this article. In the process of research the resources of the theory of limited rationality, cognitive economy, the theory of intellectual capital, cognitive capabilities of an interdisciplinary approach are used.

Date: 2018
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