Import substitution strategy in Russia: Business and innovation as the basis for the national economy competitiveness

The article continues the series of works devoted to the national economy and the growth of its competitive power. We put forward a thesis that protectionism policies need to be conducted in Russia, and this is exemplified by the history of tsarist Russia. The positive and negative sides of such policies are shown. The article highlights the main trends of the import substitution policy making, which were outlined in the "Russian Government Program on Import Substitution until 2020", based on the decrees and regulations developed by the government. We emphasize that business and innovation must become the basis of the national output development. The lines of developing the innovative climate in Russia are introduced. The authors put forward the statement that entrepreneurs play a major role in this process. The first fruits of carrying out the import substitution policy are shown. It is concluded that the import substitution policy should contribute to increasing the competitiveness of Russian goods and by no means lead to the companies’ total dependence on the state support.

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