Prospects for the development of public-private partnership in the neo-industrial import substitution

Import substitution today is one of the most discussed concepts in the Russian economic environment. Import substitution, being a natural reaction to external shocks, which create economic security threat, has highlighted the complex problems of innovative and investment development of the sector as well as problems of institutional support for its technological modernization. Their severity and protracted nature are demanding the formation of an adequate state policy, which could stimulate import-substituting industries in the process of restoring the technological identity of industry, increasing the competitiveness of the production of final consumption goods and means of production, developing investment in innovations in manufacturing industries. The state regulation "core" of import substitution is the transformation of property relations along the trajectory of public-private partnership development, which is a special form of relations between government and private entrepreneurship that can strengthen the synergy of interaction between the sectoral, real and financial sectors of the economy, connect the strategic interests of the state and business.

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