Resource-based model of economy modernization

V.B. Kondratiev

Recent studies performed in the countries blessed with extensive resources combine both historic and innovative approaches. The authors of such studies emphasize the fact that the most important aspect and factor of innovations in resource-based industries are their interaction and cooperation with other sectors of the economy. Resourcebased industries alone would not be able to develop knowledge or other resources required for the establishment of high-tech production systems. Successful development of these industries depends on close cooperation with other sectors of the economy providing technologies, knowledge, financial resources and various types of expert opinions. These sectors providing opportunities for resource-based industries has played a key role in the establishment of contacts and relations between these industries and other sectors of the economy.


Key words: economy, modernization, resource!based industries, interaction, innovation, studies, development, production systems, world practice

Mining Industry Journal №4 (122) 2015, p.13