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Formation of the Conceptual Foundations of the Strategy of Neo-Industrialization of Industries
Sachenko A. O.

Sachenko, Andrii O. (2024) “Formation of the Conceptual Foundations of the Strategy of Neo-Industrialization of Industries.” Business Inform 4:128–137.
https://doi.org/10.32983/2222-4459-2024-4-128-137

Section: Industrial Economics

UDC 338.22.021.1

Abstract:
The aim of the article is to form the conceptual foundations of strategizing the development of industries under neo-industrialization with the application of the methodology for identifying strategic goals, objectives and measures and taking into account the system of factors and conditions of the institutional, organizational, and economic environment. The article confirms that the criteria for achieving the targets of neo-industrialization are deep structural changes and institutional reforms in the industrial sector of the economy. The sequence of formation along with the tasks of the strategy of neo-industrialization are allocated. The methodology for identifying the strategic goals, objectives and measures of the strategy of neo-industrialization of various industries is outlined. When analyzing the researchers’ works, it is found that the structure of the neo-industrialization strategy is predominantly standardized and includes such elements as the aim and initial conditions, problems and obstacles, objectives and strategic goals, principles, measures and mechanisms of implementation, organizational, financial and resource support, expected results, methodological support for monitoring and control, as well as the final part. The system of factors, conditions of the institutional and organizational-economic environment of the strategy of neo-industrialization of industries is specified. It is determined that during the formation of an aggregate of institutional, organizational, economic, socio-psychological and other mechanisms and the selection of instruments for implementing the strategy of neo-industrialization, it is necessary to apply an integrated approach, focused not so much on a certain functional and structural specialization as on achieving the aim and strategic goals of policy in this area. Such goals are: the formation and growth of new strategically progressive industries and of the real sector of the economy as a whole on the basis of high-tech industries, nano- and biotechnologies, new energy resources, automation and digitalization of business processes, the implementation of robotics in production and economic processes (the spread of smart industries).

Keywords: neo-industrialization, strategizing, economic development, economic growth, neo-industrialization strategy, industrial development.

Fig.: 3. Bibl.: 20.

Sachenko Andrii O. – Assistant, Department of Economic Cybernetics, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: [email protected]

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