Strategical Aspects of Building-In the Corporative Capital into the Russian Economy

The article reveals the content of the conceptual construct “building-in of corporate capital” as a process of embedding corporate capital into the national economy in the conditions of dynamic and profound transformations. In the process of its formation and development, domestic corporate capital experienced the negative impact of many factors of market reforms implemented in the Russian economy, which led to its ugly deformation. These processes resulted in built-in restrictions on the process of corporate capital formation into the transformed Russian economy, which, in the face of increased competition at the present stage of development, lead to the increase of competitive positions and the expulsion of domestic corporations to the far periphery of the global evolutionary process. The authors analyze the strategic scenarios and tools of social responsibility in the conformation of corporate capital of the Russian economy, evaluate the various effects that are formed in this process, establish arising in connection with these scenarios, the possibility and limitations. The authors investigate the problematic components and contradictions of corporate capital conformation, offer tools for managing this process. The article contains recommendations on the coordination of the structural component of the state economic policy addressing the corporate sector. The authors’ results belong to one of a new and promising areas of economic research, which determines the significant novelty and debatable nature of the provisions, conclusions and recommendations presented in this article. In the process of research the resources of the theory of limited rationality, cognitive economy, the theory of intellectual capital, cognitive capabilities of an interdisciplinary approach are used.

1. Arrigi Dzh. (2006). Long twentieth century: Money, power and the origins of our time. Moscow, Territoriya budushchego (in Russian).

2. Bodrunov S.D. (2014). Russian economic system: the future of modern high-tech production. Ekonomicheskoye Vozrozhdeniye Rossii [The Economic Revival of Russia], no. 2 (40), pp. 5–16 (in Russian).

3. Brizhak O.V. (2014). Economics of deformations: Specifics of Russian business. Filosofiya Khozyaystva [Philosophy of the Economy], no. 1 (91), pp. 167–176 (in Russian).

4. Du-Sun An. (2014). Strategies for the development of the economy of South Korea. “Economics for Man”: A socially-oriented development based on the progress of the real sector. Materials of the Moscow Economic Forum. Ed. R.S. Grinberga, K.A. Babkina, A.V. Buzgalina. Moscow, Kul'turnaya revolyutsiya (in Russian).

5. Enfu Ch. (2014). Economy for man. Experience of China. Proceedings of the Moscow Economic Forum. Ed. R.S. Grinberga, K.A. Babkina, A.V. Buzgalina. Moscow, Kul'turnaya revolyutsiya (in Russian).

6. Foster J. (1987). Evolutionary macroeconomics. London.

7. Fromm E. (1990). Escape from freedom. Moscow, Progress (in Russian).

8. Gelbreyt Dzh. K. (1976). The economic theory and goals of society. Moscow, Progress (in Russian).

9. Glaz'yev S.Yu. (2015). Formation of a new institutional system in conditions of a change in dominant technological structures. Nauchnyye Trudy Vol'nogo Ekonomicheskogo Obshchestva Rossii [Scientific Works of the Free Economic Society of Russia], vol. 1, no. 190, pp. 37–45 (in Russian).

10. Hayek F. (2012). Individualism and economic order. Chicago: The University of Chicago Press.

11. Hoffman R., McRobert A. (1999). Corporate collapse. An early warning system for leaders, investors and suppliers. New York: McGraw-Hill, рp. 39–43.

12. Investing in R&D. (2017) The UNESCO Institute for Statistics (Montreal, Canada) [Electronic resource]. URL: http://www.unesco.org/new/ru/ media-services/single-view/news/how_much_do_countries_invest_in_rd_new_unesco_data_tool_re (in Russian).

13. Yudanov А.Yu. (2008). The experience of competition in Russia: The factors of victories and looses. Moscow, КnoRus, pp. 79–82.

14. Kachalov R.M. (2015). Estimation of the prospects of the proposed models of economic system development. Ekonomicheskoye Vozrozhdeniye Rossii [The Economic Revival of Russia], no. 4 (46), pp. 69–71 (in Russian).

15. Kaplan R.S., Norton D.P. (2001). The strategy focused organization: How balanced scorecard companies thrive. Harvard, Harvard Business School Press, рp. 1–19.

16. Khanin G.I. (2015). The economic crisis of the 2010s: Socio-political origins and consequences. Terra Economicus, no. 2, pp. 87–98 (in Russian).

17. Kleiner G.B. (2017). From the economy of «individuals» to the systemic economy. Voprosy Ekonomiki, no. 8, pp. 13–24 (in Russian).

18. Kleiner G.B. (2017). System modernization of domestic enterprises: Theoretical background, motives, principles. Economy of the Region, vol. 1, no. 13, pp. 13–24 (in Russian).

19. Kleiner G.B. Shchepetova S.E., Shcherbakov G.A. (2017). Systemic mechanisms of coordination of participants of innovative activity. Economics of Contemporary Russia, no. 4 (79), pp. 19–33 (in Russian).

20. Krugman P. (2017). On economic arrogance. The New York Times, 20.02.

21. Kudrin A.L. (2017). Stimulating monetary policy: Myths and reality. Voprosy Ekonomiki, no. 5, pp. 15–22 (in Rusian).

22. Leibenstein H. (1976). Beyond economic man: A new foundation for microeconomics. Cambridge: Harvard University Press.

23. Mises L. (1966). Human action: A treatise on economics. Third revised edition. Chicago: Contemporary Books Inc.

24. Nikulina O.V. (2014). Model of formation of the cluster architecture of innovative development of the Krasnodar Territory. Regional'naya Ekonomika: Teoriya i Praktika [regional economy: theory and practice], no. 39 (366), pp. 28–42 (in Russian).

25. Nureyev R.M. (2014). Periphery of the world economy. Terra Economicus, vol. 1, no. 12, pp. 123–149 (in Russian).

26. Roubini N. (2015). The unconventional truth. Project Syndicate, 03.02, pp. 8–14.

27. Sartre J.-P. (1960). Critique de la Raison dialectique. Paris: Gallimard.

28. Sorokin D.E. (2010). Strategic guidelines for the economic development of Russia. Moscow, Aleteyya (in Russian).

29. Stiglitz J. (2003). Globalization: disturbing trends. Moscow, Natsional’nyy obshchestvenno-nauchnyy fond (in Russian).

30. Tappskott D., Uil’yam E. (2009). How mass cooperation changes everything. Moscow, Best Business Books (in Russian).

31. Torchinova O.V., Yermolenko A.A. (2015). Phenomenon of social responsibility in the context of development of integration processes. Krasnodar, Izdatel'stvo Yuzhnogo instituta menedzhmenta (in Russian).

32. Weber М. (1978). Economy and society: An outline of interpretive sociology. Vol. 1. Berkely, University California Press.