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The relevance of the study is based on the need to minimize the damage caused by the sanctions imposed on the country’s economy and to provide the economic growth of economic entities in this context. The purpose of the article is to develop a set of theoretical and methodological approaches to efficient implementation of import substitution programs in the radio electronic industry in the long run. Leading methods in studying this problem were the methods of factors analysis, organizational modeling, system analysis, innovation theory and enterprise economics, which allowed to reveal key contradictions of state policy in the sphere of import substitution in the radio electronic industry. As a result of the study, the original system of criteria was developed, as well as the fundamental management model taking into account the domestic economy’s ability to implement systematic management of competitive import substitution. Materials of the article can be useful for developing new and improving existing methods of regulating relations that arise between entities carrying out activities in the sphere of import substitution, as well as between organizations that are part of the infrastructure supporting the above activity, and public authorities when forming and implementing the corresponding industrial policy.
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