Contemporary transformation of the economic and social system requires changes in approach to its analysis and in management of its development. At the same time, in the author’s opinion, there is no need to keep the traditional approach based on the neoliberal theory and methodology. For Russia, the Chinese experience is more suitable, based on the dosed and proportional combination of elements of market-based and planned models of economy management. It is precisely this approach that delivers sustainable technological, economic and social development, in process of which the tasks of qualitative renewal of all fields of public life are solved. And in addition, the central focus is made in the development of high-tech industries, which are becoming a core of an economic and social system being renewed. This requires top-priority development of fundamental science, culture and education, as well as the return of the state into capitalist process, to the direct public administration of a number of development spheres, active support of state and public-private high-tech corporations. The basis of the development is technological advance. It also changes in new conditions. A new quality of industrialized production is observed. It is knowledge-intensive production, for which not only a speed-up is typical, but also a speed-up of speed-up of technological development. Today, Russia solves tasks not only in industrialization or reindustrialization: such tasks will be mostly solved anytime soon; but also is facing the task of creating the basis of the new industrial society of the second generation (NIS.2), a society where knowledge takes the leading role. The latter means the priority of knowledge-intense production united with science and education. Hence, a necessity arises to integrate those three spheres within the frame of united reproduction contour on all levels: mirco-, meso- and macroeconomics. To solve this task, an active industrial policy and strategic planning are essential, together with the activity of private funds and orientation to social interests of public sector. Author has explored and elaborately describes in details a toolset necessary for that in the article.

The (traditional) labor theory of value, founded by Smith with the basic axiom that labor determines value, and supplemented and improved by Marx with the axiom that labor creates surplus-value. Neoclassical economics newly studied the utility theory of value, but it abandoned the traditional labor theory of value and theory of surplus-value. Under the basic axiomatic system analogous to theoretical mechanics, the above three theories of value has been included and developed by the new theory of value, which established the value complex variable function including three basic quantities of quantity, quality and time, as well as labor value, use-value and surplus-value. Starting from the value complex variable function, with the mathematical methods of Euler equation and Euler formula, this paper conduct a thorough and comprehensive analysis on the theory of value, under satisfactions of Marx’s first and second laws, focusing on value equilibrium by giving the mathematical explicit expressions of both value equilibrium function and price equilibrium function in various forms applicable to the general commodity economic movement process, so as to prove the existence and stability of the extremum solutions to the corresponding functions.

The timber industry complex is of high significance to the economics of Russia due to vast stocks of wood, extensive distribution of the forests throughout the territory of Russia, large scale of the timber industry and widespread use of finished timber products both in our country and abroad. Digitalization of the timber industry complex has been developing in recent years, as the digital transformation is a global technological trend penetrating more and more spheres of human activity and facilitating accelerated development and increased effectiveness of manufacturing. At the same time there are a lot of challenges on the way to full digitalization. The purpose of the article is to analyze the current situation and to reveal the opportunity of raising the level of digitalization of the timber industry complex of Russia as a strategically important component of the Russian economics on the basis of implementation of new platforms. The authors study the issues of digitalization of the timber industry complex of Russia focusing on the external environment: analyze qualitative indicators of the ICT sector development in Russia and abroad and the intensity of application of the ICT achievements in the industry as the basis for further digitalization. The authors examine the impact of the current crisis on the entire timber industry complex and on the prospects for its digital transformation. The key risks and threats for implementation the ICT achievements have been determined. Recommendations on mitigating these problems for the timber industry complex have been developed including the step-by-step algorithm for implementing digital platforms at the wood processing enterprises.

Introduction of sanctions restrictions by western countries stressed the need for developing the national industrial complex and creating the country’s own technological solutions. Over the past few years within the framework of the interaction of the state, industry and science various technological solutions have been created to be successfully implemented in production (an aircraft engine, a gas turbine power plant, mobile offshore seismic exploration complexes, a deep-sea drilling rig, a dispersant for oil spill response, pressure sensors for the Prirazlomnaya platform, etc.). The results achieved demonstrate the ability of the Russian industrial complex to create effective and safe equipment. However, in spite of the technologies created, the Russian economics has not achieved the target state of import independence. The analysis of the structure of the product import shows the dependence of the Russian economics on the import of foreign cars and equipment, chemical products and food raw materials. To achieve import independence it is essential to continue system work aimed at providing government support of domestic companies. The authors formulate the government support measures aimed at achieving technological independence: reduction of the key rate of the Central Bank of the Russian Federation, development of transport infrastructure, creation of industrial clusters and subsidizing the costs on the implementation of digital tools. Realization of the measures suggested together with the existing tools will make it possible to ensure harmonic development of the national industry and gain the national technological sovereignty.

A long-term development concept for Russia’s lignite industry has been presented, developed based on a comprehensive evaluation of active coal mining companies. The economic indicators of 48 Russian companies engaged in lignite mining were analyzed, both nationally and regionally, allowing for specific provisions of the concept to be formulated accounting for the spatial development of industry companies.

The relevance of this work is due to the high strategic significance of the lignite industry for the country’s economy, which is in ensuring energy security for the Far East and Siberia on a long-term perspective of up to the depletion of explored lignite reserves in 1137 years with the current level of mining. Despite the high strategic importance of the industry, there is a risk of a decrease in its role in the country’s economic development, as the industry has faced several internal and external challenges. These challenges require a quick response to prevent potential damage they may cause.

The results of the analysis of the current state of Russia’s lignite industry are presented in terms of the distribution of explored lignite reserves, the territorial localization of active coal mining organizations, their production and economic conditions, and their associations with the external environment. Based on the results of the analysis, a concept and principles for industry development have been formulated. The concept involves increasing lignite mining in the Far Eastern Federal District and maintaining the volume of mining in the Siberian Federal District, achieved through creating necessary conditions for economic development, including diversification of products produced from lignite.

The problems of choosing a strategy for the maintenance of the equipment of the power supply system of an industrial enterprise, taking into account the risk its failure and the problem of distributing the volume of the repair program in order to reduce maintenance costs and, accordingly, the cost of production, are considered. A method for assessing the magnitude of risk for the technological process of an industrial enterprise of the metallurgical industry, taking into account the power supply scheme of the electric receiver, is proposed. Special attention is paid to taking into account the influence of the power supply system of an industrial enterprise on the operation of final electrical receivers directly involved in the technological process. An example of using the proposed technique in a real power supply system with available statistical data on its failures is considered. The article formulates an approach to assessing the risk of failure of elements of the power supply network of an industrial enterprise, taking into account the operational scheme of power supply, and also shows the insufficiency of assessing the risk of power supply failures only from the failure of circuit elements through which electric power is directly transmitted to the electric receiver in question.

The issue of developing meso-level innovative ecosystems is so urgent due to the tasks of creating an autonomous independent economic system in the country, working out its own technologies, establishing technological, scientific and industrial independence. The urgency is also confirmed by the results of the analysis of characteristics and indicators of innovative activity of high tech companies. This background as well as evaluation of effectiveness of the government support of innovation, systematization of national and foreign studies devoted to the role of mesoeconomics in economic and technological growth of the regions and the entire state allow to justify the significance of meso-level development of high tech industrial complexes. The author suggests concentrating the efforts and tools of innovation, industrial and regional policies on the regional centres of development whose activities are aimed at maintaining the multiplicative effect of technological, information, social, infrastructural interconnection of the businesses, organizations, authorities and society. On the example of the Novgorod region, the author studies the components of high tech industrial complexes at the meso-level (object-, process-, system-, and project-related), characterizes the mechanism of development of industrial complexes of high tech sector at the meso-level and schematically shows how creation and development of the complex influences the growth of the indicators of innovative development of the region.

The article presents the study of the structure and dynamics of innovative activity of the organizations in the oil and gas regions of the Volga Federal District that trigger their industrial development. The defining role in the gross value added structure of the oil and gas region belongs to such types of economic activity as mining and manufacturing industries. Primarily they include petrochemical complex and the interacting production structures that predominate in the economics of the oil and gas region reducing the importance of such sectors of the economy as construction, agriculture, trade, transport, etc. The author has analyzed the structure and dynamics of capital and operating costs of scientific fundamental and applied research on innovative production technologies in oil and gas regions of the Volga Federal District. The article involves the study of the innovation potential of oil and gas regions based on the analysis of the proportion and innovative activity of the organizations implementing technological innovations, costs of innovation activity, and the structure of budget expenditures for innovation activities of oil and gas regions depending on the total innovation costs. The author presents the variants of cluster organization of innovative horizontal industrial policy of oil and gas regions.

Successful justification of strategic priorities in housing construction is vital for the comprehension of development of territorial zoning and urban infrastructure. Also, it satisfies a number of people’s needs which can be observed in renovation of the housing stock and creation of investment infrastructure for attracting external and internal capital. At the same time it is essential to understand that in the context of state and municipal administration the strategic priority for state and business interaction is meeting the needs of both parties. That is the reason why the strategy of development and improvement of the city is of vital importance from the viewpoint of the comfort of life and improvement of the quality of urban infrastructure. And in order to attract investors to the realization of construction projects in which the authorities are primarily interested it is necessary to create additional preferences. Due to the fact that profitability of mass housing construction projects is rather low but it forms the main demand among the population, taking into account the factors of comfort and integration into the urban environment, the authors decided to study and justify the existing trends in the development of large megacities with the consideration of the regional factors and justify strategic priorities for raising investment attractiveness of construction objects for investors.

Today universities are creating all conditions for successful training, improving the graduates’ competitiveness at the labour market and employment according to the qualification received. In the conditions of social and economic transformations a significant number of young specialists are not able to adapt to the labor market. This is caused by lack of practical experience and the resulting low professional status. The balance between the labor market needs for young specialists and the universities’ ability to educate them can be achieved by close interaction between the professional educational institutions and potential employers. To coordinate the interests of both experts apply various interaction models able to ensure harmonization of the process.

The article in hand deals with four models of interaction between the university career centres and partner companies which use two models of such interaction in the Southwest State University. The authors analyzed the level of integration of the career centres with other structural departments of the university showing the link between the interaction model implemented in the university and the level of integration. The research allowed to make a conclusion about sufficient influence the university career centres’ activities on the graduates’ competitiveness at the labour market.

Cooperation of universities and employers is aimed at implementing a complex of measures, means and methods which ensure providing the appropriate level of professional education. Also it contributes to solving the following tasks: engagement of the companies in the graduates’ employment according to their qualifications, participation of the university staff in scientific research activity within the topics suggested by the companies, involvement of the partner companies to career guidance activities and events aimed at developing the information environment in the labour market and increasing the attractiveness of the employer’s brand in the eyes of graduates.

Regional universities are facing the problem of the graduates’ employment in the city – forming enterprises and companies operating in the region. Taking into account that young specialists tend to migrate to the regional centres, it is essential to take measures to increase the attractiveness of work conditions with the emerging trend of staff outflow. Promotion of employment of young specialists can be effective only in case of establishing long-term “university-student-employer” partnership.