Tatyana Pavlovna Rakhlis, Natalya Vladimirovna Skvortsova, Svetlana Vladimirovna Koptyakova, Natalya Rinatovna Balynskaya, Development of Microelectronics in the Circumstances of the Innovative and Technological Growth of the Russian Economy, International Business Management, Volume 10,Issue 4, 2016, Pages 401-407, ISSN 1993-5250, ibm.2016.401.407, (https://makhillpublications.co/view-article.php?doi=ibm.2016.401.407) Abstract: Currently, all major countries, both developed and developing, tend to support microelectronics, seeing it as a key driver of innovation and the socio-economic progress. Many governments support initiatives in the field of microelectronics if they are aimed at solving problems in the country. This study considers the current state of the Russian microelectronics, analyzes the problems of this industry from the stage of production to the sales stage and studies the nature of these problems. Particular attention is paid to the government’s role in regulating and supporting the given industry and the domestic microelectronics market is compared with the world’s ones. Given the fact that the microelectronics industry is a very sensitive sector which is closely related to the interests and security of the state, the study sets out the basic provisions for further revolutionary development of microelectronics. Keywords: Microelectronics;microelectronic products;technological backwardness;innovation;problems microelectronics;miniaturization of electronic components;the creation of internal and external markets;state order;public financing;microelectronic clusters;state program of the Russian electronic industry