Potentials for innovative restructuring of industry in Northwestern Russia
This paper examines the innovative restructuring of industry in Northwestern Russia, an area that includes St. Petersburg and its hinterlands and extends to the Barents Sea and the Ural Mountains. Profound restructuring of resource-based industries is taking place there although at a slow rate. The paper elaborates upon the reasons for the slow recovery of industry and searches for ways to explain the innovative restructuring of the Northwestern Russian economy. This research explicates that restructuring is partly regulated by inherited institutional and organizational structures and restricted by the flaws of the service sector. The importance of political choices in development is also discussed. The region's role in the division of labor within Europe is considered and viewed as an incentive for restructuring. In concluding, the elements of theories of innovative restructuring of industry and selective spatial modernization are presented.
Authors who publish with FENNIA agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal. The license of the published metadata is Creative Commons CC0 1.0 Universal (CC0 1.0).
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a doctoral dissertation or book compilation), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).