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Targeting Russian high-tech products of SMEs for foreign markets under new anti-russian sanctions
 
PIIS020736760020120-1-1
DOI10.31857/S020736760020120-1
Publication type Article
Status Published
Authors
Mikhail Zharikov 
Occupation: Professor of World Finance Department
Affiliation: Financial University under the Government of the Russian Federation
Address: Russian Federation, Moscow
Andrey Gureev
Affiliation: Self-regulatory organization of auditors Association “Sodruzhestvo”
Address: Russian Federation, Moscow
Journal nameObshchestvo i ekonomika
EditionIssue 5
Pages30-46
Abstract

The issue is relevant due to the ongoing implementation of economic and financial sanctions against Russia. The research is based on the hypothesis that targeted financial support of the SMEs as grants under the programs aimed at stimulating production of goods destined abroad leads to increasing exports of high-tech products of a particular category from the region where the recipient manufacturers’ facilities are located. The practical significance of the research’s results lies in the development of approaches and methodology to assess projects stimulating the exports of high-tech products by Russian SMEs based on the targeting of foreign markets, both friendly and unfriendly. The article formulates the proposals and recommendations as to corrections in the Russian foreign economic strategy until 2025.

Keywordstargeting, foreign markets, friendly markets, unfriendly markets, grant assessment criteria, export diversification, regional export structure, Russian high tech, SMEs, anti-Russian sanctions
AcknowledgmentThe article was prepared based on the results of research carried out at the expense of budgetary funds under the state assignment to the Financial University.
Publication date17.06.2022
Number of characters34607
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