Volume 11 - Volume 11
The Complex of Interrelations and Mechanisms of Innovation and Investment Balance of Industrial Policy in the Context of the Digital Economy
Abstract
The purpose of the study is to determine the complex of interrelations and mechanisms of innovation
and investment balance of industrial policy in the context of digital transformation. During the
research, the following methods were used: the theory of system balance, the methodology of
economic security, statistical analysis of industrial development indicators, tabular and graphical
methods to illustrate the results obtained. As a result of the research, we propose mechanisms of
innovation and investment balance and the complex of the interrelations of innovation and investment balance of industrial policy. These are the interrelations of both the sectoral and functional
development of industrial production. The distinctive features of the proposed approach are the
combination of the principles of the theory of system balance, the concept of Industry 4.0, and the
methodology of economic security. The proposed complex allows analyzing the balance of industrial
policy taking into account the organizational and technological structure of digital enterprises,
namely, Digital factories; Smart factories; and Virtual factories according to the principles and
elements of the Industry 4.0 concept and the Technet roadmap.
Paper Details
PaperID: 2084
Author's Name: Vladislav Genrihovich Frolov
Volume: Volume 11
Issues: Volume 11
Keywords: Industrial Policy, Industry 4.0, Innovation and Investment Balance, Industrial Production Development, Sustainable Manufacturing, Digitalization, Digital Economy.
Year: 2021
Month: May
Pages: 2186-2201