Ways of modernization of Russian economy

Pages: 89-100

Author:

Volynets-Russet E.Ya.

Doctor of Economics, Professor Place of work, post: The Russian Foreign Trade Academy, Professor

Abstract:

The author analyzes the essence of modernization, its characteristics and features; the role of using foreign technology for the realization of strategies and modernizations is covered. Special attention is given to the role of foreign technology in post-war growth of economy in foreign
countries. The author makes a conclusion about the necessity of expansion of importing licenses and technology to Russia, criticizes supporters of the theory that relies only on a country’s own forces in economic development.

Keywords:

Modernization, innovations, patents, licenses, technology, purchase of licenses.