Investment Processes as the Foundation of Economic Growth

Abstract

The objective of the study is to identify the priority tendencies in the investment emerged in recent years in the industrial sector of the national economy as well as the main factors limiting the growth of industrial production. The results show that for both medium/large enterprises and small businesses of the industrial sector, the most negative are the same factors that impede the extension of production. Among the most important constraints are the lack of financial resources, high levels of taxation, lack of demand for the company's products in the domestic market, as well as the deterioration and lack of equipment and the economic uncertainties. The insufficient Russian financial market development and the unavailability of loan funds are associated with the most of the limiting factors. This means that a more efficient state economic and industrial policies are required.

DOI: 10.5901/mjss.2015.v6n6p348