Creating an environment that encourages competitive manufacturing enterprises formation in Russia

V. Kononova, S. Zaversky and D. Plekhanov
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V. Kononova: School of Business, Lomonosov Moscow State University
S. Zaversky: School of Business, Lomonosov Moscow State University
D. Plekhanov: School of Business, Lomonosov Moscow State University

Journal of Modern Competition, 2008, issue 5, 73-85

Abstract: The Russian processing industry development calls for the new national-level industrial facilities that would be competitive on the global market. Such facilities outside of the Russian territory are usually turned into large business entities that can develop and introduce their new product into the market and even develop some new manufacturing standards. Such companies have emerged within some sectors of the modern Russian engineering industry. But their continuous development requires some support from the state bodies. The state can support them by facilitating the tax burden, improving the customs and export rules and regulations, and by creating joint programs in which both state-owned and privately-owned companies could take part. These measures can be taken efficiently if a separate state body is created that would be in charge of identifying the priorities in the industry development field and in charge of the relevant project implementation. 2008/5(11)

Date: 2008
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