SPECIFICS OF STATE REGULATION OF FIXED CAPITAL ACCUMULATION OF INDUSTRIAL ENTERPRISES IN RUSSIA
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Author(s): | Ivashchenko A. O., |
| Number of journal: | 1(70) | Date: | March 2025 |
| Annotation: | The relevance of studying state regulation of fixed capital development of industrial enterprises is based on the need to form long-term sustainable growth and self-sufficiency of the Russian economy using its own production. The purpose of the work is to form a model of state regulation of fixed capital of industrial enterprises, based on the specifics of the Russian institutional environment. The objectives of the study are: to formulate a definition of fixed capital of industrial enterprises; to correlate between the categories of fixed capi- tal of industrial enterprises and industrial capital; to consider the features of state regulation of fixed capital development of industrial enterprises in Russia in modern conditions; to high- light the elements of the institutional environment of Russia to ensure the growth of fixed capital of industrial enterprises. The methodological basis of the study was the analysis of the evolution of the definition of the category of fixed capital. Using comparative analysis, similarities and differ- ences between the fixed capital of industrial enterprises and industrial capital were revealed. By modeling, a model of state regulation of fixed capital development of industrial enterprises in Russia in modern conditions was developed. The result of the study is the consideration of the fixed cap- ital of industrial enterprises as a set of relationships, interac- tions and interdependencies in relation to fixed assets. State pol- icy in relation to fixed capital should be stimulating, since those enterprises that invest in the development of means of produc- tion, rather than resorting to speculative financial mechanisms, receive their benefits in the long term. In the short term, these enterprises need additional support. The author concludes that the formation of state programs to support the modernization of fixed capital of production, the allocation of subsidies and grants for enterprises that invest in the renewal of fixed capi- tal, especially in high-tech and environmentally friendly tech- nologies, allows increasing the country’s production capacity and national wealth. Also, thanks to the development of state innovation centers, enterprises can gain access to modern, high-quality equipment and national software and hardware. | ||
| Keywords: | fixed capital, industrial capital, human capital, state institutions, state regulation, quality standards, Indus- try 4.0, innovation policy, personnel policy, production process |
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| For citation: | Ivashchenko A. O. Specifics of state regulation of fixed capital accumulation of industrial enterprises in Russia. Biznes. Obrazovanie. Pravo = Business. Education. Law. 2025;1(70):109—116. DOI: 10.25683/VOLBI.2025.70.1232. |
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