Innovative Road — a High-Risk Area

DOI: 10.33917/es-8.174.2020.136-141

At present the education system in the Russian Federation does not include any program teaching the basics of patent law on inventions, therefore protection of copyright holders in courts is very problematic. The article analyzes foreign experience of patent law on inventions, provides examples of implementing research and development results

Mission of the Territory: How to Develop It and is it Needed at All?

DOI: 10.33917/es-8.174.2020.126-135

There is no generally accepted definition of a territory’s mission either in Russia or abroad. So is it worth including a mission in the strategy of socio-economic development of a territory and what definition of the mission is better to choose? To answer these questions, a content analysis of Russian and foreign definitions of the territory’s mission has been carried out, from which common units of meaning were identified.

It was established that a number of semantic units in definitions of the territory’s mission and the mission of organization coincide. However, from the point of view of the mission statement, there are a number of significant differences between a territory and an organization, which makes some definitions of the territory’s mission hardly applicable in practice.

Conclusion is made: it is better to define the territory’s mission through its role in the external environment, functions and unique features of the territory. The article examines advantages and disadvantages of alternative options: not to develop a mission at all or to develop it in a purely formal way. Practical recommendations on developing a territory mission, examples from Russian and foreign experience are given

Analytical Accounting of Innovation Activities in the Agricultural Industry

DOI: 10.33917/es-8.174.2020.118-124

The authors have analyzed the legal acts regulating accountancy in the Russian Federation and concluded that they contain no definitions, classification or descriptions of innovations, which makes it problematic to put the corresponding provisions of State programs into practice. The authors suggest singling out “expenditure on innovation” as a separate object of accounting and define it as expenditure for the purpose of improving the quality of production, works and service as well as improving the organizational and management system. This new level of quality can be measured by means of the following indicators: physical properties, chemical composition, technical and economic indicators. In view of the fact that investments in innovation can be referred to as both fixed capital (intangible assets, constant assets) and working capital (elite seeds, young animals, innovative biological additives etc.), the authors suggest adding to entry 08 “Investments in fixed assets” sub-entry 9 “Creating or purchasing innovations as part of fixed capital” and sub-entry 10 “Creating or purchasing innovations as part of working capital”. In view of the fact that Cash flow statement reveals some important analytical information about investing, it would be advisable to add to “Cash flow from investing activities” line 4215 “Cash inflows from selling innovations” and line 4225 “Expenditures on purchasing, creating innovations”.

Reform of Control and Supervisory Activities: How to Build a Risk Management System in Higher Education?

DOI: 10.33917/es-8.174.2020.108-117

The reform of control and supervision activities, which began in 2019, implies a significant revision of the mandatory  requirements system, as well as reduction of administrative burden through introducing a risk-based approach. This article analyzes results of inspections carried out by The Federal Service for the Supervision of Education and Science (Rosobrnadzor), as well as data from monitoring the activities efficiency of higher education institutions in 2015–2019. Based on this analysis, the authors identify a list of indicators that can be used as risk indicators in transition to risk-oriented regulation of educational activities of higher educational establishments

Development of Services Export to European Countries in the Paradigm of Value Chains on the Example of Event Tourism in Moscow

DOI: 10.33917/es-7.173.2020.136-143

The article examines application of the value-added chains paradigm to developing services exports. The author analyses development strategy for the export of services until 2025 and the possibility of applying the value chains paradigm when forming measures and planning activities. On the example of the event tourism development, the author identifies value chains of an integrated service with the value proposition “Russia (Moscow) is the best place to celebrate the New Year in Europe” and its provision with tools and support measures

Prospects of Сreating Аloating Solar Power Plants in Russia

DOI: 10.33917/es-7.173.2020.126-135

Technologies for converting solar energy into electrical energy are constantly improved, new methods of using solar energy are emerging in order to increase efficiency and save space. One of such methods is application of special buoyancy modules and restraints systems for installing solar power plants in water basins. The main technologies and operation principle of floating solar power plants (SPP) are described. Advantages and disadvantages of using floating solar power plants in comparison with ground-based solar power plants are listed and substantiated. Assessment of potential of installing floating SPP at hydroelectric power plants (HPP) in Russia is given. Prospects for the use of floating SPP in open water areas are discussed and  examples of such projects are listed

On the Reasonable Nature Management in the Economy and Other Spheres of Human Activity

DOI: 10.33917/es-6.172.2020.122-129

The article dwells on a complex of issues related to rational use of natural resources. It is shown that development of the economy requires not only clear state goal-setting, serious technical and economic calculations, but also other types of substantiations. The cost of goods and services has not yet been thoroughly studied. Pricing in its entirity does not take into account material components that initially exist by nature and are created without human participation. The role of environmental factors in development of economic and other social sciences is revealed.

Labour Potential of the Enterprise: New Forms of Activation

DOI: 10.33917/es-6.172.2020.130-137

The article examines motivational interests that provide economic growth in the context of transformation process. It is proved that the main role is played by integrated interests of technologically related relations in terms of the result-based indicator. It is substantiated that material incentives, though being one of the most important factors in enhancing labour potential, do not reveal the depth of motivational essence of labour relations and lead to decrease in the activities efficiency. The purpose of this study is to develop a mechanism for activating labour processes, on which the efficiency of using resource potential and economic growth depend.

Innovations in Combating the Shadow Financial Segment in Recent Years on the Example of Russia

DOI: 10.33917/es-6.172.2020.138-143

The article notes that in relation to the growth of the shadow component in the Russian economy, identifying the essence of the shadow economy is especially relevant. The author addresses shadow processes as the basis of the shadow economy, their place in its structure, basic principles of formation and classification according to various criteria.

Influence of Monetary Policy on Technological Development of the Economy in a Long-Term Aspect

DOI: 10.33917/es-5.171.2020.136-143

Monetary policy currently pursued by the Central Bank of the Russian Federation is a reflection of external market conditions. Regulatory approaches should, in particular, help reduce the dependence of monetary policy on external factors — such as oil prices, foreign loans, access to foreign markets, etc. This is not about completely isolating the monetary sphere of the Russian Federation from parameters and the external environment. It is required to refuse close, automatic communication with the given parameters. It is necessary to increase the stability of the monetary system of the Russian Federation and the economy as a whole in relation to external shocks. This can be done through more active use of a wide range of tools available to the regulator. These include monetary and regulatory mechanisms (interest rates, reserve requirements, foreign exchange positions, etc.), gold reserves, verbal interventions, etc., which can have a stimulating effect on economic growth. The high volatility of the ruble now observed makes it extremely difficult for enterprises to plan and forecast, thereby making it impossible for the normal course of investment processes and expanded reproduction. In order to use monetary mechanisms to stimulate economic growth and eliminate the negative effects of current monetary policy (in particular, implemented since autumn 2014), a departure from inflation targeting and free floating of the ruble exchange rate is necessary. At the same time, it is obviously necessary to abandon many components or closely related elements (for example, “monetary contraction”). In addition, steps will be needed to stabilize the foreign exchange market, which would have positive effects (falling volatility, lower inflation, etc.). Under current conditions, with limited access to external financial resources, it is important to use mechanisms  for generating financial flows based on internal sources. In other words, the monetary base should be formed due to internal factors, and not depend on the dynamics of energy prices. In previous years, the main emphasis in the Russian economy was placed on the external sphere as a source of growth financing. Restricting access to external cheap financial resources (due to low oil prices, sanctions, etc.), as well as continuing geopolitical tensions with regard to Russia, reduce the possibilities for implementing longterm investment projects in the economy. This increases the relevance of national mechanisms and sources of formation of the resource base (including long) necessary to refinance previously taken loans, as well as to implement structural changes in the Russian economy.