Innovative component in investment activity of mining companies
- Ph.D. assistant lecturer National Mineral Resources University (Mining University)
Abstract
Innovative activity of Russian mining companies in post-crisis recovery period is low. Investment on maintenance of achieved production levels and modernization of technical base in order to reduce operating costs prevails in the structure of business investment. Nowadays only large vertically integrated mining companies with investment strategy of innovative type are able to carry out technological innovation with a deep degree of novelty. These companies have joined their forces with research organizations, universities and public institutions by means of technological platform of solid minerals to develop an innovative products and technologies in mining industry.
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References
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