Goncharenko L.P., Voronova T.A., Sybachin S.A., Sharko E.R. —
Implementation of innovative production technologies in Russian lumber yards
// Theoretical and Applied Economics. – 2018. – ¹ 3.
– P. 70 - 87.
DOI: 10.25136/2409-8647.2018.3.27199
URL: https://en.e-notabene.ru/etc/article_27199.html
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Abstract: This article describes the research results on the role of wood processing industry in Russia’s Economic Security Strategy. The authors prove the importance of performance criteria of this industry, as it currently experiences the following innovative changes: improvement of processing technology; expansion of the use of raw materials and final products; formation of the new assessment methods of the effectiveness of investments in this area, considering risks, which allows the investors to make decisions on capitalization of their financial resources in wood processing. Over a long period of rime, high prices on natural resources did not stimulate the development of high-tech industries. The subject of this research is the innovative methods and means as the investment objects of wood processing industry. Methodological and theoretical foundation contains the works of the Russian scholars in exploring the wood processing industry, its marketing, management and logistics. The suggested method of risk assessment in decisions-making on funding the innovation-investment projects allows solving multiple issues associated with managing the spatial-economic development of natural resources of the particular territories, as well as substantiate the placement of economic structures in the regions for socioeconomic development. However, the risk factors for wood processing industry that affect the optimal functioning and development of the markets, considering the specificity of certain forest zones, remain insufficiently studied. As a result, the proposed methodology will be able to improve the state of the industry in the overall volume of export for achieving the strategic indexes of Russia’ economic security in the long-term perspective.