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Economic Analysis: Theory and Practice

Developing the industrial complex in Russia in conditions of transition to the digital economy

Vol. 20, Iss. 3, MARCH 2021

Received: 21 January 2021

Received in revised form: 12 February 2021

Accepted: 24 February 2021

Available online: 30 March 2021


JEL Classification: O1, O2, O25, Q38

Pages: 416–435


Ol'ga P. SMIRNOVA Institute of Economics, Ural Branch of Russian Academy of Sciences, Yekaterinburg, Russian Federation


Subject. The article addresses the transition of industry to the digital economy. It is extremely urgent, as the industrial complex is systemically important.
Objectives. I consider the most important trends affecting the balanced and efficient functioning of the industrial complex. The aim is to assess and highlight barriers to its development in the digital environment, to devise comprehensive methodological tools to assess the level of industrial complex in the digital economy.
Methods. The modules of diversification indicators are used as methodological tools for evaluating the industrial complex. The integral indicator of industrial complex development is calculated, using an additive model, and the distribution of intervals is specified, using the Sturges' rule.
Results. In the industry, current trends in the digital economy dictate the need to improve innovative programs, introduce smart technologies to production processes. However, despite the activation of transformational processes of business models of industrial complexes engaged in manufacturing, the specifics of the technical base does not enable to move to digital technologies at the proper level, due to low adaptability.
Conclusions. Using the considered methodological tools in practice will improve the reasonability of measures for introducing digital technologies, and, accordingly, enhance the efficiency of economic development of the industrial complex. The paper reveals the role of digitalization in improving the competitiveness of industries. It observes an increase in digital activity of the oil and gas industry.

Keywords: industrial complex, digital economy


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Vol. 20, Iss. 3
March 2021