Subject The article focuses on efforts that should be made to boost the technological modernization of the Russian economy by conducting the domestic research into production technologies. Objectives The research identifies the main opportunities to modernize the Russian economic technologically through the existing system for creating national advanced production technologies. Methods The research basically draws upon the statistical and bibliographic analysis of modern trends in advanced production technologies in Russia and abroad. The article also reviews technological modernization practices of various countries. The scientific and theoretical framework relies upon research of the Russian and foreign scholars. Results Sustainable development of socio-economic systems from technological perspectives is an important objective of the economic and industrial policy, being the cornerstone for the successful coexistence of States and regions under the current circumstances. Conclusions and Relevance It is of primary importance to stimulate the mechanism for creating national advanced production technologies in comparison with other types of high-technology activities. Such technologies should not only comply with international standards, but also outperform them. The findings can be used to determine measures for boosting the creation of national advanced production technologies.
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