Innovative tactics of industrial business in terms of economy digitalization: Case of the Republic of Belarus and the Russian Federation

Title: Innovative tactics of industrial business in terms of economy digitalization: Case of the Republic of Belarus and the Russian Federation
Issue: Vol 4 No 1 (2019)
Published date: 30-04-2019 (print) / 30-04-2019 (online)
Journal: Economics, Management and Sustainability
ISSN: 2520-6303
Authors: Vladimir Klimuk
Baranovichi State University
Keywords: innovative industrial policy, neo-industrialization, development strategy, assessment tools
DOI: 10.14254/jems.2019.4-1.6
Language: English
Pages: 58-65 (8)
JEL classification: O31, O32, O38

As a result of growing competition in the market of industrial goods and services, the main mechanism for the sustainable development of the industry is the continuous process of creating innovations. Moreover, the creation of innovations is one of the first elements of the industry competitiveness mechanism, along with approbation of innovations and introduction into the real field of activity. Successfully past stages of testing and introducing innovations, the so-called “useful” innovations, create the basic complex of competitive advantages of the industry, its new development vector. In this paper, the author proposed assessment tools for the effectiveness of industrial policy, analyzed the calculated indicators, including using the proposed graphical tool. The article presents the types of development strategies for the new direction of industrial policy – neo-industrialization – with a set of main components of the impact on the level of development of the industry.


1. Bregar, L., Puhek, M., Zagmajster, M. (2017). Analiza stanja na področju digitalizacije in e-izobraževanja v visokem šolstvu v Sloveniji. Maribor, DOBA Fakulteta. Retrieved from

2. Chernova, O.A., & Klimuk, V.V. (2016). Factors and determinants of the innovative development of the national economy in the imperatives of industrialization. In Materials of the 3rd International Political and Economic Congress and the 6thInternational S

3. Dezuanni, M, Foth, M., Mallan, K., & Hughes, H. (2018). Digital participation through social living labs: Valuing local knowledge, enhancing engagement. Cambridge, MA, United States: Chandos Publishing, an imprint of Elsevier.

4. Dufva, T., & Dufva, M. (2019). Grasping the future of the digital society. Futures, 107, 17-28. Retrieved from (

5. Gartay, J.M. (2018). International Experience of Digitalization of the Economy: Russia and Belarus. Working Paper, Modern Eurasian Studies, 1, 15-23.

6. Jeroscenkova, L. (2016). The use of cultural heritage for the development of rural tourism. Doctoral thesis for the scientific degree. Jelgava.

7. Klimuk, V., & Lazdins, A. (2019). Interaction of education, science and business in terms of digital economy development. In Proceedings of the 2019 International Conference «Economic science for rural development, No 52, Jelgava, LLU ESAF, 9-10 May 2019,

8. Klimuk, V.V. (2016). Modernization concepts of industrial development. Socio-Economic Problems and State, 2, 51-58.

9. Klimuk, V.V., & Semashko, M. Yu. (2018). Innovatization of industrial business in the direction of integration with education and science. Economic Trends, 1-9. Retrieved from

10. Leung, X. Y., Xue, L., & Wen, H. (2019). Framing the sharing economy: Toward a sustainable ecosystem. Tourism Management, 71, 44-53. (

11. Liu, K., Nakata, K., Li, W., & Baranauskas, C. (2018). Digitalization, innovation and transformation: 18-th IFIP WG 8.1 International Conference on Informatics and Semiotics in Organizations, ICISO 2018, Reading, UK, July 16-18, 2018, Proceedings. Retriev

12. Neborsky, E.V. (2017). Reconstruction of the university model: Transition to the 4.0 format. Mir nauki, 17(4), 1-10. Retrieved from

13. Prikhodko, R.V. (2009). Network research and production cooperation of higher educational institutions and industrial enterprises [Setevaia nauchno-proizvodstvennaia kooperatsiia vysshikh uchebnykh zavedenii i promyshlennykh predpriiatii]. Economics and e

14. Shamaeva, N.P. (2011). The role of research and production cooperation for an innovative type of economic growth [Rol nauchno-proizvodstvennoi kooperatsii dlia innovatsionnogo tipa ekonomicheskogo rosta]. Vestnik Udmurtskogo universiteta. Ekonomika i prav

15. Statistical Yearbook of the Republic of Belarus, 2018 (2018) Retrieved from

16. Teece, D. J. (2018). Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world. Research Policy, 47(8), 1367-1387. (http://www.sciencedirect

17. Vovk, I., Vovk, Y., & Lyashuk, O. (2017). Improvement of the organizational-economic mechanism of resource-saving at the machine building enterprise. Economics, Management and Sustainability, 2(2), 6-14. doi:10.14254/jems.2017.2-2.1

18. Watanabe, C., Tou, Y., & Neittaanmäki, P. (2018). A new paradox of the digital economy-Structural sources of the limitation of GDP statistics. Technology in Society, 55, 9-23. (

19. White, A. (2014). Digital media and society: transforming economics, politics and social practices. Springer.

20. Wiśniewska-Paluszak, J. & Paluszak, G. (2017). The model of network relationships in agribusiness. Retrieved from

21. Yasheva, G. A. (2010). Cluster concept of improving the competitiveness of enterprises in the context of network cooperation and public-private partnership: monograph. Vitebsk: VSTU.