mirМИР (Модернизация. Инновации. Развитие)MIR (Modernization. Innovation. Research)2079-46652411-796XSchool of Public Administration10.18184/2079-4665.2025.16.4.594-609mir-2064Research ArticleМОДЕРНИЗАЦИЯMODERNIZATIONКомпании с государственным участием: современный научный дискурс и российская практикаState-owned enterprises: Modern theoretical discourse and Russian practicehttps://orcid.org/0000-0002-9624-6173СмотрицкаяИ. И.SmotritskayaI. I.

Смотрицкая Ирина Ивановна, доктор экономических наук, главный научный сотрудник, руководитель Центра исследований проблем государственного управления

Research ID: K-5341-2017; Scopus ID: 57191824703

Москва

Irina I. Smotritskaya, Doctor of Economic Sciences, Chief Researcher, Head of the Center for Public Administration Research 

Research ID: K-5341-2017; Scopus ID: 57191824703 

Moscow 

irinasmot@yandex.ruhttps://orcid.org/0000-0002-3696-2688ФроловаН. Д.FrolovaN. D.

Фролова Надежда Дмитриевна, кандидат экономических наук, старший научный сотрудник Центра исследований проблем государственного управления

Research ID: ABA-7905-2021 

Москва

Nadezhda D. Frolova, PhD of Economic Sciences, Senior Researcher at the Center for Public Administration Research 

Research ID: ABA-7905-2021 

Moscow 

nrasskazikhina@yandex.ruИнститут экономики Российской академии наукРоссияInstitute of Economics of the Russian Academy of SciencesRussian Federation202503122025164594609Copyright © Смотрицкая И.И., Фролова Н.Д., 20252025Смотрицкая И.И., Фролова Н.Д.Smotritskaya I.I., Frolova N.D.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://www.mir-nayka.com/jour/article/view/2064

Цель статьи – обоснование роли компаний с государственным участием в реализации стратегических целей экономической политики государства в контексте современной концепции нового государственного капитализма.Методы. Используемая методология сформирована на основе теоретических положений концепции нового государственного капитализма, методов анализа статистических данных и научного обобщения.Результаты работы. Раскрыты предпосылки изменения форм экономической активности государства, использования государственной акционерной собственности как инструмента экономической политики. На основе исследования современного научного дискурса и статистических данных обоснован вывод о возрастании интереса к акционерным компаниям с государственным участием как «гибридным» организациям, сочетающим реализацию общественных и коммерческих целей. На примере национального проекта «Эффективная и конкурентная экономика» содержательно раскрыты роль и задачи таких компаний в реализации стратегической цели государства по развитию фондового рынка. Основные результаты исследования заключаются в выделении ключевых направлений эволюции рыночных форм участия государства в экономике и определении роли компаний с государственным участием в достижении национальных приоритетов развития.Выводы. В условиях нарастающих трансформационных процессов сложившиеся теоретические подходы к пониманию роли и функций государства в экономике не отвечают возникающим глобальным вызовам. Происходящие изменения привели к переосмыслению форм государственного участия в экономике и активному развитию концепции нового государственного капитализма, основные идеи и положения которой находят применение в зарубежной и российской практике. В современной экономике «гибридные» организации становятся субъектами реализации государственной экономической политики, что обусловливает необходимость разработки базового нормативного документа, регламентирующего дифференцированный подход к выбору целей деятельности компаний с государственным участием и определению задач государства как собственника в управлении «гибридными» компаниями.

Purpose: to clarify and substantiate the role of state-owned enterprises (SOEs) as tools for implementing strategic priorities of the state’s economic policy according to the concept of new state capitalism.Methods: the study uses a methodological approach grounded in the theoretical framework of new state capitalism and incorporates techniques such as statistical data analysis and scientific generalization.Results: the article examines changes in modern state economic activity and proposes using SOEs as policy instruments. The analysis shows increased interest in developing new forms of state-business collaboration and hybrid corporate structures. By studying the national project "Effective and Competitive Economy," the study clarifies SOEs' role in advancing strategic goals related to Russia's stock market growth. The main findings include evaluating evolution key directions of market forms of state economic practices and defining SOEs' role in meeting national development priorities.Conclusions and Relevance: global economic transformations require more flexible approaches than those traditionally associated with state intervention. Modern challenges demand adaptable regulatory frameworks rather than static corrections to market failures. Current shifts are best aligned with the tenets of state capitalism, which are already being integrated into Russia's legislative framework. Although SOEs act as pivotal mechanisms for enacting state economic strategies, they remain heavily influenced by administrative directives from state shareholders. Therefore, reforming their governance structure becomes essential to better reconcile the interests of both parties.

государственный капитализмкомпании с государственным участиемгосударственный акционерный капиталэкономическая деятельность государстванациональные цели развитияstate capitalismstate-owned enterprisesSOEsstate share capitaleconomic activity of the statenational development goalsСтатья подготовлена по результатам исследований, выполненных за счет бюджетных средств по государственному заданию в Института экономики РАН.The article was prepared based on the results of the research conducted at the expense of budgetary funds on a state assignment at the Institute of Economics of the Russian Academy of Sciences.ReferencesАбрамов А.Е., Першин А.А., Чернова М.И. Подходы к измерению государственного сектора и оценке его эффективности // Финансовый журнал. 2023. Т. 15. № 2. С. 27–46. EDN: https://elibrary.ru/tuoirs. https://doi.org/10.31107/2075-1990-2023-2-27-46Abramov A.E., Pershin A.A., Chernova M.I. Measuring the state sector and assessing its effectiveness: approaches and implications. 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The authors declare that there are no conflicts of interest present.