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National Interests: Priorities and Security
 

A methodological approach to assessing the impact of innovative component of import substitution on the economic security of the region

Vol. 17, Iss. 10, OCTOBER 2021

PDF  Article PDF Version

Received: 12 August 2021

Received in revised form: 30 August 2021

Accepted: 15 September 2021

Available online: 15 October 2021

Subject Heading: INNOVATION AND INVESTMENT

JEL Classification: O03, R10

Pages: 1855–1874

https://doi.org/10.24891/ni.17.10.1855

Natal’ya V. KRIVENKO Institute of Economics of Ural Branch of Russian Academy of Sciences, Yekaterinburg, Russian Federation
nvkrivenko@yandex.ru

https://orcid.org/0000-0002-3292-6460

Ol’ga E. KROPOTINA Ural Federal University named after the First President of Russia B.N. Yeltsin, Yekaterinburg, Russian Federation
kropotinaoe@gmail.com

ORCID id: not available

Viktor G. KRYLOV Ural Federal University named after the First President of Russia B.N. Yeltsin, Yekaterinburg, Russian Federation
kry3757@rambler.ru

https://orcid.org/0000-0003-4528-0184

Aleksandr V. TRYNOV Institute of Economics of Ural Branch of Russian Academy of Sciences, Yekaterinburg, Russian Federation
trynovv@mail.ru

https://orcid.org/0000-0002-2969-2536

Subject. The article examines processes of import substitution in Russia and its regions within the framework of ensuring the economic security of the country.
Objectives. The aim is to substantiate a methodological approach to determining the impact of innovative component of import substitution on the economic security of the region.
Methods. The study employs the method of convolution and the index method.
Results. We analyzed investment and innovation activity of organizations in recent years. Along with positive trends, we revealed a decrease in the share of organizations engaged in technological innovations in mechanical engineering and in the field of scientific research. To assess the impact of innovative component of import substitution on the economic security of the region, we determined the relative dynamics and convolution of innovation costs, investment volumes and innovative goods, exports and imports. We obtained estimated coefficients of indicators’ increase to achieve normative values of import substitution and economic security. We tested the methodology, using the mechanical engineering of the Sverdlovsk Oblast case.
Conclusions. The presented methodological approach is universal and can be applied at the level of the constituent entities of the Russian Federation.

Keywords: region, mechanical engineering, innovation, import substitution, economic security

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