THE ROLE OF ENDOGENIC MECHANISMS AND COMPLEXITY FACTOR IN ACHIEVING BALANCED ECONOMIC GROWTH
The article analyzes the objective changes in the mechanisms for achieving balanced growth under the influence of global technological changes and the digital revolution. The priority role of increasing innovative activity as a key endogenous growth driver in comparison with the volume of investments is substantiated. The approaches of the modern Schumpeterian theory of growth to stimulate innovation through improving the quality of the institutional environment were considered. The processes of structural complication of the economy, described in the theory of complexity, were shown as a mechanism for its self-development and achievement of dynamic stability. The advantages of the complexity factor were revealed by the example of local innovation clusters and global value chains as two formats of a network model of production organization. The current priorities of the growth policy were formulated, in relation to the tasks of acceleration of the Russian economy.