The Main Approaches to the Implementation of Technical Re-Equipment of the Industrial Enterprises during Realization of State Economic Policy

Each country needs an effective government economic policy to achieve the strategic goals of economic and social development. The most important task of state economic policy is to ensure growth of living standards of the population. One of the tools to achieve this goal is to increase the efficiency of industrial production. The purpose of the study is justification of approaches to the implementation of technical re-equipment of industrial enterprises. These approaches allow forming the mechanism of realization of technical upgrading in the implementation of the directions of state economic policy. The methodological basis is the key methodologies and approaches presented in the works of foreign and domestic scholars in the study of technical re-equipment of industrial enterprises. The study also used statistical methods and comparative analysis of countries by level of development. The result of this study is the proposed implementation mechanism of technical re-equipment of the industrial enterprises in the implementation of directions of the state economic policy and the formation of the state support measures in its application. Also established seven basic approaches to the implementation of technical re-equipment, which allow us to achieve operating, economic and social efficiency. In General, this process may promote technological upgrading of industries. Practical significance of the research is that the authors formulated the conclusions and recommendations can be applied in industrial enterprises for a more qualitative assessment of economic efficiency of projects of technical re-equipment.