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Economic Analysis: Theory and Practice
 

A study on approaches to the interpretation of concepts of industrial complex and integrated structure of industry

Vol. 20, Iss. 5, MAY 2021

Received: 11 March 2021

Received in revised form: 28 March 2021

Accepted: 14 April 2021

Available online: 28 May 2021

Subject Heading: ANALYSIS OF INDUSTRIAL CAPITAL

JEL Classification: D29, O10

Pages: 905–923

https://doi.org/10.24891/ea.20.5.905

Oksana S. DROBKOVA Bauman Moscow State Technical University (Bauman MSTU), Moscow, Russian Federation
odrobkova@yandex.ru

https://orcid.org/0000-0003-4320-6239

Subject. The article investigates the essence and salient features within the study of the industrial complex and integrated industrial structure categories.
Objectives. The purpose is to research and develop definitions, study approaches to the industrial complex category, and underpin my unique interpretation.
Methods. The study applies methods of analysis and synthesis, the systematization, formalization, and comparative analysis approach. Theoretical and methodological provisions contained in the works on industry development by domestic and foreign scientists, and legal documents, serve as the basis of the study.
Results. I offer my interpretation of an industrial complex, as a challenging structure, represented by industrial enterprises and characterized by the stability of production cooperation chains, close interrelation of industry and regional specialization, providing for the digital transformation of industry, and subject to the environmental component. The paper identifies key properties of industrial complex, offers a classification by industry specifics, localization, diversification, and the level of State participation.
Conclusions. The findings may be used as an element of theoretical basis to support management decisions on industrial complex development.

Keywords: industrial complex, integrated structure, industry, balance of interests

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