THE INFLUENCE OF SANCTIONS ON DOMESTIC ENGINEERING DEVELOPMENT


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Abstract

The paper covers the influence of sanctions on the national engineering development. The authors highlighted the problems peculiar for this cluster of Samara region and determined that the sanctions cause the negative influence on the financial state of enterprises. The authors analyzed the growth rates of leading engineering sub-industries and determined that the machine and equipment manufacturing grows, but at a low rate. The issue of financial resources deficit is considered. It is determined, that the weak profitability, the low credit attractiveness and the investments outflow into the capital stock are the reasons for it. The authors specified that the material and technical resources of many engineering enterprises need upgrading. The authors focused on the low competitiveness of the products. The major part of the domestic equipment and machines do not comply with the world standards. The analysis of export of goods showed that the Russian share of the majority of items is only the tenths of a percent. For key items, the import rate exceeds the export rate. The authors paid special attention to the slowdown of Research and Advanced Development, the reduction of the innovative projects number and the rate of new technologies implementation. The research shows that the implementation of innovative technologies in the machine-building complex is the weakest point in the system of development of scientific and research potential. Low reliability of produced machines is one more issue studied through the example of car manufacturing. The paper presents the “Auto Bild” magazine quality rate for 2015. The authors considered the issues of significant time and money expenditures for mastering the new production, the absence of the component basis for modern equipment manufacturing, and the highly-qualified personnel deficiency.

About the authors

Natalya Aleksandrovna Dubrovina

S.P. Korolev Samara State Aerospace University (National Research University), Samara

Author for correspondence.
Email: NADubrovina@yandex.ru

PhD (Economics), Associate Professor, Head of Chair “General and strategic management”

Russian Federation

Olga Sergeevna Churmeeva

S.P. Korolev Samara State Aerospace University (National Research University), Samara

Email: gracheva.osg@yandex.ru

graduate student of Chair “General and strategic management”, accountant

Russian Federation

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