The Impact of Global Crisis on the Innovative Processes in Sustainable Development of Russia as a Resource-Mining Country

• Main Authors: Miliushenko Olesia, Kovalev Aleksander, Zhidkova Margarita
• Format: Article
• Language: English
• Published: EDP Sciences 2019-01-01
• Series: E3S Web of Conferences
• Online Access: https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/31/e3sconf_iims18_04046.pdf

The global crisis processes that began in 2008 are special, as they signify a change in the epoch shift – from industrial to post-industrial, with a radical reduction in the negative impact on nature and a careful attitude to non-renewable natural resources. The innovations arising during this period affect all spheres of sustainable development – from environmental and technological to economic and social ones. The penetration of global crisis processes into Russian economy has reduced the demand for innovative products, has reoriented investments to maintain output volumes instead of improving the environmental performance of production. The negative consequences of the crisis in Russia include reducing the chances of survival for emerging innovative enterprises, reducing the share of regions that have taken the path of sustainable development, when industrial output growth does not worsen the ecological situation. Therefore, the relevance of an accurate analysis of the factors influencing the global crisis on the innovative development of industry, defining prospects for reducing resource use and investing in environmental protection measures, is greater than ever. In this article, a factor analysis of the impact of the crisis on the innovation activities of Russian industrial firms in the crisis years of 2008 and 2015 was carried out based on data on the main indicators of the enterprises activities. The authors highlighted a number of independent factors influencing crises on sustainable development, with special attention paid to innovative human potential.