The Problems of Investment in Innovations, Range of Products and Technological Re-equipment of the Construction Corporation

Boris Sultanovich Kasaev, Azat Ashatovich Razakov

Abstract


The article considers the current state of the investment process in innovations applied to the construction companies in Russia. The subject of research: problems of investing in innovations, expansion and technological re-equipment of the construction corporation. The article covers the following topics: the study of statistical data regarding the present state of the construction sector. Object: to identify the main problems and the tendencies of development of the investment processes to provide innovations in the conditions of the transformed economy.

The work carried out processing statistical information, which allowed the state to give the quantitative characteristics of the construction sector and its role in the economic development of Russia, as well as in the formation of federal budget revenues. The study used methods of system analysis, synthesis, complex approach, comparison, modeling and other methods of cognition.

It is concluded that the presence of a wide range of indicators of the state of the economy in the sectoral and territorial aspects. A substantial increase in the state's share of investing activities in crisis and post-crisis period.

It is concluded that the gradual transition of the Russian construction industry, the path to the updated development involves restructuring algorithms to achieve growth. A key source providing this transition should be a systematic approach to innovation. In this regard, the structure of long-term socio-economic development of the Russian Federation for the period up to 2020 shall be implemented in two successive stages.


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DOI: https://doi.org/10.11114/set.v2i1.992

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Studies in Engineering and Technology   ISSN 2330-2038 (Print)   ISSN 2330-2046 (Online)

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