High-Tech Companies are an Important Structural and Innovative Aspect of the Development of the Regional Economy

Author:

Zhukovsky A. D.1

Affiliation:

1. Russian Academy of National Economy and public service under the President of the Russian Federation

Abstract

This article is devoted to the development of high-tech companies in the modern economic market. The author presents the definition of a high-tech company, shows that with the development of the digital economy, high-tech companies are more and more efficient in their activities in the economic market and have a multilateral positive impact on the development of regions. The author analyzes the main functions of high-tech companies in the modern economic market. In addition, the article shows that high-tech companies, through their own scientific developments, the introduction of advanced solutions in the activities of industries and spheres of the regional economy, contribute to the development of the business environment, training of the personnel of economic objects, the quality of life of the population of the regions. The article notes that high-tech companies in their activities use a full range of modern innovations: technical, technological, marketing, organizational, process, etc. The article tells that in the modern period in the economic market of the Russian Federation there are many high-tech companies that specialize in the development and implementation of information and communication technologies and digital projects. For example, such as the development of data stores, web and mobile applications, enterprise resource planning systems, industrial process control systems, etc. As the main characteristics of high-tech companies, the article highlights such as the use of progressive achievements of science and technology in the main areas of the company's work, the presence of trade secrets, the production of goods and services, information security, profitability, instant rate of change, constant integration with scientific institutions, mobility and uniqueness of specialists.Purpose. The purpose of this article is to prove the provisions that high-tech companies are an effective tool in the development of the regional economy.Materials and methods. In the process of writing this article, a systematic and comparative analysis, methods of working with WEBsites, monographic studies, research materials of domestic and foreign authors in the field of regional and digital economy were used.Results. In this article, based on the study of domestic and foreign experience, the main directions of the functioning of high-tech companies in the economic market, their advantages and disadvantages are identified; the main provisions for further improving their activities and a positive impact on the growth of economic indicators in the development of regions of the country are stated.Conclusion. This paper shows that high-tech companies that are effectively developing in the modern period have many positive effects on the development of the regional economy. In particular, they contribute to the creation of an innovative ecosystem, the development of production and urban infrastructure based on advanced scientific discoveries, innovative practical developments and the attraction of qualified personnel.

Publisher

Plekhanov Russian University of Economics (PRUE)

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1. Institutional environment for the development of regional high-technology industries;Vestnik Voronezhskogo gosudarstvennogo universiteta. Ser.: Ekonomika i upravlenie = Proceedings of Voronezh State University. Series: Economics and Management;2022-03-31

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