Mining industry, innovations and economic growth: experience of developing countries

V.B. Kondratiev
Institute of World Economy and International Relations of the Russian Academy of Sciences, Moscow, Russian Federation
Russian Mining Industry №3 / 2020 стр. 98-104

Abstract: Modern features of mining development open up new opportunities for local national companies, which, unlike large foreign corporations, have better knowledge of local mining conditions can more efficiently adapt existing technologies to such conditions and successfully integrate into global mining value chains. The article presents the index of countries' dependence on the mining sector, as well as an analysis of activities done by the leading mining companies and suppliers of mining industry in the leading Latin American countries. The study demonstrated that large-scale leading mining companies are reluctant to build strong links and jointly implement innovations with local suppliers in developing countries. Contacts and relationships between foreign mining corporations and companies in developing countries are mainly informal and irregular. Incentives to innovation among national companies in developing countries arise from their own innovative solutions related to the specific features of natural resource extraction in specific local conditions, rather than from interaction with leading large-scale foreign corporations.

Keywords: mining industry, developing countries, innovations, global value chains

For citation: Rylnikova M.V., Aynbinder G.I., Esina E.N. Systematization of technological methods for prevention, containment and elimination of sulfides fire sources. Gornaya promyshlennost = Russian Minng Industry. 2020;(2):98–104. (In Russ.) DOI: 10.30686/1609-9192-2020-2-98-104.

Article info

Received: 16.03.2020

Revised: 21.03.2020

Accepted: 01.04.2020

Information about the author

Vladimir B. Kondratiev – Doctor of Science (Economics), Professor, Head of Center for Industrial and Investment Research, Institute of World Economy and International Relations of the Russian Academy of Sciences, Moscow, Russian Federation; e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it..

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