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Journal of the National Research University Higher School of Economics

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ISSN 1995-459X print
E-ISSN 2312-9972 online
ISSN 2500-2597 online English

Editor-in-chief
Leonid Gokhberg

   



Yuri Simachev1, Anna Fedyunina1,2, Maksim Yurevich3, Mikhail Kuzyk1,4, Nikolay Gorodnyi1,2
  • 1 National Research University Higher School of Economics, 20 Myasnitskaya Str., Moscow, 101000, Russian Federation
  • 2 National Research University Higher School of Economics, 16 Soyuza Pechatnikov Str., Saint Petersburg, 190008, Russian Federation
  • 3 Macroeconomic Regulation Center, Financial University under the Government of the Russian Federation, 49 Leningradsky Prospekt, Moscow, 125993, Russian Federation
  • 4 Interdepartmental Analytical Center, POB 35, Moscow 121069, Russian Federation

New Strategic Approaches to Gaining from Emerging Advanced Manufacturing Markets

2021. Vol. 15. No. 3. P. 6–21 [issue contents]

Advanced Manufacturing (AM) markets are a major factor of contemporary worldwide growth that to a large extent determines countries’ competitiveness. Strengthening and/or optimizing the positions on AM markets is among the major challenges for modern industrial policy.
This article discusses the structure and dynamics of the development of advanced manufacturing markets, as well as the specifics of the policies of the countries strengthening their positions in these markets. Gaining entry into AM markets currently implies individual countries’ and industries’ adopting different models which combine a wide range of factors. Small nations are rapidly applying such approaches, gaining advantages and thus increasing their competitive edge, which creates certain challenges for leading high-tech countries too slow to adjust their industrial policies. So far the basis for Industry 4.0 markets is just emerging, and remains limited to a few nations including developing ones. Country cases are presented below to illustrate the development of AM markets.

The authors conclude that in the current context, no universal approaches to shaping a successful industrial policy remain. The most productive strategy is to combine the unique advantages of a particular economy.

Citation: Simachev Y., Fedyunina A., Yurevich M., Kuzyk M., Gorodny N. (2021) New Strategic Approaches to Gaining from Emerging Advanced Manufacturing Markets. Foresight and STI Governance, 15(3), 6–21. DOI: 10.17323/2500-2597.2021.3.6.21
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