Technological innovations and the effect of ‘dualism’

Abstract

The purpose of the research is to consider the effect of technological dualism for the Russian economy with an empirical demonstration that this effect has a different content. The research methodology consists of the neo-Schumpeterian theory of technological change, structural analysis, and empirical estimates that allow one to identify the characteristics of technological dynamics. The result of this research was a demonstration of the deviation from the classical effect of technological dualism of the Russian economy, which is caused by the existing structural and institutional characteristics of the functioning of activities various types. The main conclusion is that the classical recipes for stimulating technological innovation in the presence of the pseudo-effect of technological dualism will not become working tools with high action. We need systemic and institutional transformations that affect the incentives for technological renewal and the deployment of markets that accept products that embody the results of technological improvement and development. Thus, replacing the strategy of local technological innovations with a strategy of comprehensive incentives and large-scale technological innovations that improve the social parameters of life is an urgent task for the Russian economy.