Target Orientation of Technological Modernization of the Arctic Industrial Companies

• Published in: IOP Conference Series: Earth and Environmental Science
• Main Authors: Zharov, V, Tsukerman, V, Zharov, N
• Format: Article in Journal/Newspaper
• Language: unknown
• Published: IOP Publishing 2020
• Subjects: Arctic
• Online Access: http://dx.doi.org/10.1088/1755-1315/459/6/062020; https://iopscience.iop.org/article/10.1088/1755-1315/459/6/062020/pdf; https://iopscience.iop.org/article/10.1088/1755-1315/459/6/062020

Abstract The territory of the Arctic zone of the Russian Federation is the most important source of raw materials for the country’s economy but for further efficient industrial exploitation of the Arctic resources for the enterprises operating there a significant increase of labor productivity is required due to the use of the latest equipment and production technology. This is hindered by the lack of a system of technological modernization targeting of enterprises. Modern economic theory of endogenous economic growth does not allow proceeding to the substantiation of the quantitative goals of the technological development of enterprises. Accordingly in practice many unrelated target indicators are used to assess the use of technological innovations. It is shown that an indicator reflecting the impact of scientific and technological progress on the economic efficiency of resources used by the enterprises - material, labor and physical capital in the form of fixed assets can be the “coefficient of production manufacturability level”. Its values are calculated at the macro, meso, and micro levels according to statistical reporting and achieved values at the best enterprises of the industry can be used as target values when introducing technological innovations at the enterprises. It is determined that the growth of the coefficient of production manufacturability level is directly related to the renewal of the active part of fixed assets and the growth of the efficiency of capital of enterprises leading to an increase of labor productivity. The direction of technological development of the enterprises which simultaneously increases material efficiency, efficiency of capital and labor productivity is shown.