scholarly journals Monitoring Spatial Changes in Manufacturing Firms in Seoul Metropolitan Area Using Firm Life Cycle and Locational Factors

2019 ◽  
Vol 11 (14) ◽  
pp. 3808
Author(s):  
Youngsoo An ◽  
Li Wan
Keyword(s):  
Life Cycle ◽  
Metropolitan Area ◽  
Industrial Development ◽  
Manufacturing Industry ◽  
Firm Growth ◽  
High Tech ◽  
Location Quotient ◽  
Seoul Metropolitan Area ◽  
Spatial Changes ◽  
High Level

This paper diagnoses the development of the manufacturing industry in the Seoul Metropolitan Area (SMA) using portfolio and regression analyses. Following the life-cycle perspective, four types of spatial changes of firms have been identified, namely firm formation, inflow, outflow, and dissolution, which are applied to analyze the manufacturing development in SMA. For portfolio analysis, we propose the Net Formation Index and Net Inflow Index to measure the spatial changes of firms at the city level. The two indices facilitate horizontal comparison among cities in SMA in terms of firm growth from new opening and relocation. Using spatial regression analysis, we identify significant location factors that contribute to firm change patterns. Our tests show that a high level of industrial specialization (measured by location quotient) has a dual effect. On the one hand, high level specialization attracts new or inflow firms, particularly in the light and high-tech manufacturing industries. On the other hand, it leads to an increased number of closed or outflow firms, plausibly due to increased competition among local firms. The proposed methods can be applied to diagnose industrial development in clusters of inter-connected cities and design policy tools to boost the local industry.

scholarly journals Investment Potential of the Manufacturing Industry

2019 ◽  
Vol 23 (4) ◽  
pp. 24-42
Author(s):  
N. M. Abdikeev ◽  
Yu. S. Bogachev ◽  
S. R. Bekulova
Keyword(s):  
Purchasing Power Parity ◽  
Manufacturing Industry ◽  
Value Added ◽  
Global Market ◽  
High Tech ◽  
Power Parity ◽  
Investment Activity ◽  
Fixed Assets ◽  
High Level ◽  
Advanced Development

The article considers investment in fixed assets of the manufacturing industry as one of the main factors of its development. The manufacturing industry is shown to be the growth driver of national economy for developed and developing countries. The analysis of exports and imports of the first 15 countries in the ranking in terms of gross domestic product calculated at purchasing power parity (GDP at PPP) shows the leading role of the manufacturing industry in the global economy. At the same time, competitiveness in the global market is determined by high-tech products. Therefore, for the sustainable development of the Russian economy, it is necessary to create investment conditions for the advanced development of high-tech segments of the manufacturing industry. However, the current structure of investments in fixed assets contributes to the development of such services sector segments as “Transportation and storage”, “Real estate operations”. In the structure of investments in fixed assets, the largest share belongs to investments in buildings and structures, and intellectual property items account for no more than 10%. It is shown that the lack of investment resources is the main reason for the reduction (by 1.5 times) of the contribution to the value added of the manufacturing industry in Russia, production of machinery and equipment. This leads to an increase in dependence on imports, a fall in the share of products from high-tech sectors. To analyze the development potential of manufacturing industries, the authors introduced an indicator of investment intensity per 100 rubles of shipped industrial products. It was determined that enterprises with a joint Russian and foreign form of ownership lead in terms of investment intensity. At the same time, private enterprises, leading in terms of output, demonstrate weak investment activity. The low investment attractiveness of high-tech manufacturing sectors is shown. The regional structure of the manufacturing industry was analyzed. There is a high level of regional concentration of the manufacturing industry in Russia. At the same time, the authors show its relatively weak significance in the structure of the gross regional product in the majority of the constituent entities of the Russian Federation. It has been proposed to develop a program at the federal level for the advanced development of production in the high-tech and medium-technology high-level sectors for 10–15 years. It is proposed to create a supradepartmental executive authority to manage this program.

scholarly journals National industrial competence and global added value chains: methodological instrumentarium of macroeconomic analysis

2021 ◽  
pp. 40-52
Author(s):  
Sergey A. Tolkachev ◽  
◽  
Artyom Y. Teplyakov ◽  
Keyword(s):  
Industrial Development ◽  
Manufacturing Industry ◽  
Global Value Chains ◽  
Added Value ◽  
Value Chains ◽  
High Tech ◽  
Macroeconomic Analysis ◽  
The World ◽  
Manufacturing Activity ◽  
Production Value

In the context of the developing global economic crisis, it is important to have an adequate methodological toolkit for the global positioning of the manufacturing industry in different countries of the world in the production value chains. In this work, the authors made an attempt to further develop their own concept that solves this problem. A methodology for calculating indices reflecting the dynamics of national industrial competence “in the context” of the integration of the country’s manufacturing industries into global value chains is presented. The calculations and conclusions are based on the OECD TiVA statistical database (2018). The tendencies of industrial development of thirty economies of the world, including the Russian one, were identified, taking into account their “embedding” in global value chains. So, if the manufacturing industry of Russia, participating in the international division of labor, manages to maintain an average level of general national industrial competence, then its strategic positions associated with the development of high-tech industries can be qualified as “outsider”. The author’s methodology seems promising in terms of assessing the global economic positioning of countries and formulating recommendations for national regulators of manufacturing activity.

scholarly journals TRANSFORMATION OF THE DEVELOPMENT OF THE INDUSTRIAL COMPLEX IN THE DIGITAL ECONOMY

2021 ◽  
pp. 71-79
Author(s):  
Yu. S. Polozhentseva ◽  
M. G. Klevtsova
Keyword(s):  
Industrial Development ◽  
Industrial Revolution ◽  
Industrial Sector ◽  
High Tech ◽  
Industrial Complex ◽  
Industrial Enterprises ◽  
Russian Economy ◽  
Current State ◽  
Technological Modernization ◽  
High Level

In the modern conditions of economic development, the development of the industrial complex is being transformed with emphasis on digital technologies and high-tech production. The article considers new principles of the implementation of the state’s economic policy taking into account the challenges of the fourth industrial revolution, as well as the results of the analysis of the main indicators of industrial development, both in the world and in Russia in particular, including the assessment of the current state of innovation and technological activity of the industrial sector of the Russian economy. At the same time the authors pay special attention to the analysis of modern trends in the development of industry in countries with both a high level of high-tech production and a low level. The paper analyses the prospects of Russian industry development to justify the need for technological breakthrough strategies and technological modernization of industrial enterprises. 

scholarly journals Innovation Activity: Localization, New Trends and Assessment Methods

2020 ◽  
Vol 31 (2) ◽  
pp. 134-144
Author(s):  
Aslanbek Amrin ◽  
Nailya Nurlanova
Keyword(s):  
Industrial Development ◽  
Rating Scale ◽  
Negative Impact ◽  
Regional Growth ◽  
Rate Of Change ◽  
Innovative Activity ◽  
Innovation Activity ◽  
High Tech ◽  
Local Concentration ◽  
High Level

The purpose of this article is to identify trends and spatial features of the formation of "growth points" in Kazakhstan, based on characteristics of localization and concentration of innovative activity. The main attention in the article is given to the assessment of the various levels of industrial development and innovative activity of Kazakhstan regions, taking into account territorial features and the main directions of industrial development. The article discusses the basic concepts that explain the patterns of regional growth, the localization of high-tech industries and innovative activity, as well as methods for assessing them. Index and coefficient methods, ranking methods, grouping and rating methods were used for the analysis. To assess the innovative activity of regions, a modified rating scale was used, and a modified Krugman concentration index was proposed and used to assess the concentration of innovative activity. We have used relative indicators calculated on the basis of national statistics on science and innovations in Kazakhstan to build the ratings. The assessment of parameters of localization of scientific potential and innovative activity in Kazakhstan regions is carried out. The regions were ranked and the aggregated rating score for the regions was calculated. A typology of the regions of Kazakhstan was developed according to the level of innovation activity, four types of zones of localization of innovation activity were identified: high level (A), medium level (B), low level (C), unsatisfactory level (D). To characterize the local concentration of production of innovative products in Kazakhstan, modified Krugman concentration indices are calculated. The established zones (centers) of localization of innovative activity were identified, and it was concluded that they do not yet have a large impact on industrial development of the country as a whole. In general, positive trends in the growth of indicators of innovative activity and technological progress are observed throughout the country. Nevertheless, the rate of change remains extremely low, which indicates the uneven development of innovations in regions, as well as their territorial and industrial isolation, which has a negative impact on the speed of development of the technological process in the country.

scholarly journals A Study on the Co-Agglomeration of Manufacturing Industry and Producer Services in Heilongjiang Province

2021 ◽  
Vol 292 ◽  
pp. 03005
Author(s):  
Hongmei Dong ◽  
Lili Huang
Keyword(s):  
Industrial Development ◽  
Manufacturing Industry ◽  
Industrial Cluster ◽  
Heilongjiang Province ◽  
Producer Services ◽  
Location Quotient ◽  
Integrated Development ◽  
Industrial Base ◽  
Old Industrial Base ◽  
Traditional Manufacturing

Manufacturing industry and producer services are two important categories of industrial development in Heilongjiang Province. The co-agglomeration development is conducive to improving the interaction level between them and promoting the development of regional industrial cluster. Based on the relevant data of manufacturing and producer services in Heilongjiang Province, this paper uses the location quotient model to estimate the co-agglomeration of manufacturing and producer services. Heilongjiang Province should promote the integrated development of producer services and manufacturing industry, so as to realize the transformation and upgrading of traditional manufacturing industry in the old industrial base.

scholarly journals A Framework for Assessing Green Capacity Utilization Considering CO2 Emissions in China’s High-Tech Manufacturing Industry

2020 ◽  
Vol 12 (11) ◽  
pp. 4424 ◽  
Author(s):  
Ya Wang ◽  
Jiaofeng Pan ◽  
Ruimin Pei ◽  
Guoliang Yang ◽  
Bowen Yi
Keyword(s):  
Industrial Development ◽  
Manufacturing Industry ◽  
Production Capacity ◽  
Capacity Utilization ◽  
High Tech ◽  
Eastern Region ◽  
Low Carbon ◽  
Assessment Framework ◽  
Industrial Transformation ◽  
Green Capacity

China’s high-tech manufacturing industry has become the mainstay of the country’s domestic industrial transformation and upgrading. However, in recent years, the industry has experienced huge blind expansion under policy stimulus, which is not good for long-term industrial development. Therefore, this article attempts to explore the extent to which such an important and critical industry in China utilizes its production capacity and provides a basis for future policymaking. Coupled with the country’s increasing emphasis on the green and low-carbon development of the industry, this article extends the green and low-carbon thinking based on capacity utilization, namely green capacity utilization (CU). On this basis, the study empirically investigates the green CU of the high-tech manufacturing industry in 28 provinces in mainland China from 2010 to 2015. In performing the investigation, the inputs were divided into (quasi-)fixed and variable inputs, and an assessment framework was established based on the data envelopment analysis (DEA) method. Moreover, optimal variable inputs are also available as by-products within the assessment framework. The results were as follows: First, China’s high-tech manufacturing industry showed an excellent overall performance in green CU. Moreover, half of the provinces were at fully utilized capacity, and half were under-utilized. On average, there was a slight deterioration in green CU. Second, the results showed regional differences. The western region had the highest green CU followed by the middle and northeastern regions, and the eastern region had the lowest green CU. Third, regarding the optimal variables inputs, the total amount of labor in China’s high-tech manufacturing industry met the demand, but the distribution was uneven. Fourth, the scale of traditional energy consumption needs to be reduced both in individual provinces and in general. These conclusions have implications for the formulation of policies to promote the green development of China’s high-tech manufacturing industry.

scholarly journals Justification of regional development of industrial enterprises in the plane of their financial support: experience of Ukraine

2021 ◽  
Vol 2 (4(58)) ◽  
pp. 33-37
Author(s):  
Tetiana Dedilova ◽  
Iaroslava Levchenko ◽  
Oleksandr Nosyriev ◽  
Svitlana Osypova
Keyword(s):  
Regional Development ◽  
Financial Support ◽  
Industrial Development ◽  
General Structure ◽  
High Tech ◽  
Industrial Facilities ◽  
Industrial Enterprises ◽  
Industrial Complexes ◽  
Technological Base ◽  
High Level

The object of research is the regional industry of Ukraine. In the sectoral context, the general structure of the regional industry is significantly deformed, and the strategic and sectoral guidelines of economic policy are blurred, which makes it difficult to restore the economic growth of the country as a whole. The industrial potential is concentrated mainly in traditional industrial regions. The development of industry is hampered by the worn-out state of the technical and technological base of production, a high level of staff turnover, an insignificant percentage of the production of high-tech products, a lack of institutions for innovative development, and similar factors. The complexity of the procedures for financing the processes of industrial development is mediated by the innovative activity of its subjects. The processing industry is the central center of innovation in the industry. Among the sources of financing for innovations, enterprises’ own funds prevail. It  is substantiated that the main directions of regional development of industrial enterprises in terms of financial support for their functioning are support and encouragement of innovation, measures to increase the competitiveness of industrial products, internationalization and support for exports. It is proved that the regions of the country unevenly use the mechanisms of investment support for industry, depending on the characteristics of the development of the regional economy. This necessitates the creation of investment mechanisms aimed at ensuring the management of the competitiveness of regional industrial complexes on the basis of the development and implementation of innovations. A multichannel investment mechanism has been proposed to ensure a full-fledged infusion of financial resources from several sources as an effective tool for financial influence on the development of industrial enterprises. It is noted that among the directions of development of industrial management should remain both traditional measures to support domestic producers (state regional purchases) and alternative (financial leasing, initial placement of securities, joint investment). For a separate direction of industrial development, it is recommended that state support of cluster interregional initiatives based on the use of leading European experience. The highlighted areas are relevant for potential foreign partners who intend to carry out joint business with Ukrainian industrial enterprises. Also, the indicated research results are significant in the process of attracting investments at the regional level and have practical value for foreign investors when they consider a portfolio of alternatives to foreign direct investment in Ukrainian industrial facilities.

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