Stimulating the Innovative Development of the Regions of the Russian Federation within the Framework of Strategic Investment Projects

The present study is aimed at forming proposals to stimulate accelerated innovative development of the regions of the Russian Federation in the conditions of increasing global crises associated with the influence of the unstable international situation in connection with the events in Ukraine and th...

Full description

Saved in:
Bibliographic Details
Main Author: E. A. Perminova
Format: Article
Language:English
Published: President of the Russian Federation, Russian Academy of National Economy and Public Administration, North-West Institute of Management 2022-03-01
Series:Евразийская интеграция: экономика, право, политика
Subjects:
Online Access:https://www.eijournal.ru/jour/article/view/993
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849319107640426496
author E. A. Perminova
author_facet E. A. Perminova
author_sort E. A. Perminova
collection DOAJ
description The present study is aimed at forming proposals to stimulate accelerated innovative development of the regions of the Russian Federation in the conditions of increasing global crises associated with the influence of the unstable international situation in connection with the events in Ukraine and the introduction, as well as the prospect of sanctions against the Russian Federation, as well as the impact on both the world and the Russian economy of the consequences of significant restrictions due to the situation with coronavirus.Aim. Formation of proposals for accelerated innovative development of the regions of the Russian Federation based on the use of strategic investment projects in the conditions of reconstruction of territorial production complexes, which will form the prerequisites for the advanced development of the regions.Tasks. To consider approaches to stimulating accelerated innovative development of the regions of the Russian Federation and its assessment based on: the use of key performance indicators; diversification of the economic potential of the regions, as well as the use of venture financing; introduction of the concepts of strategic investment projects and strategic investment initiatives into strategic regional development programs; the use of the theory of the territorial-industrial complex in modern economic conditions.Methods. In this paper, using the methods of factorial, statistical and quantitative analysis, proposals have been developed for the formation of measures to achieve maximum success in the innovative development of advanced industries in the regions of the Russian Federation.Results. The study showed that in order to achieve the objectives of accelerated innovative development of the regions of the Russian Federation, when forming strategic planning documents, it is necessary to focus on the main “development complexes”, participation in the implementation of a new model of economic growth based on the prin ciples of public-private partnership based on a comprehensive theoretical and methodological approach to the formation of socio-economic policy and the active use of strategic investment projects.Conclusions. It is advisable in the strategic programs of the regions to determine the creation of hightech innovative projects for processing raw materials available on the territory in order to get out of the dependence of the economy on raw materials; to create the necessary conditions for improving the investment climate in order to attract high-tech projects of leading world states for their further use in their own needs; actively diversify existing own high-tech projects in order to maximize profits and create an image of a highly developed, competitive region; create high-tech divisions on the basis of financial and economic institutions to launch and finance innovative, knowledge-intensive projects with a view to their further diversification and integration both in the region and with third entities.
format Article
id doaj-art-94b9754157d145fb8301dfad4aab6b3b
institution Kabale University
issn 2073-2929
language English
publishDate 2022-03-01
publisher President of the Russian Federation, Russian Academy of National Economy and Public Administration, North-West Institute of Management
record_format Article
series Евразийская интеграция: экономика, право, политика
spelling doaj-art-94b9754157d145fb8301dfad4aab6b3b2025-08-20T03:50:38ZengPresident of the Russian Federation, Russian Academy of National Economy and Public Administration, North-West Institute of ManagementЕвразийская интеграция: экономика, право, политика2073-29292022-03-01161576710.22394/2073-2929-2022-01-57-67424Stimulating the Innovative Development of the Regions of the Russian Federation within the Framework of Strategic Investment ProjectsE. A. Perminova0Financial University under the Government of the Russian FederationThe present study is aimed at forming proposals to stimulate accelerated innovative development of the regions of the Russian Federation in the conditions of increasing global crises associated with the influence of the unstable international situation in connection with the events in Ukraine and the introduction, as well as the prospect of sanctions against the Russian Federation, as well as the impact on both the world and the Russian economy of the consequences of significant restrictions due to the situation with coronavirus.Aim. Formation of proposals for accelerated innovative development of the regions of the Russian Federation based on the use of strategic investment projects in the conditions of reconstruction of territorial production complexes, which will form the prerequisites for the advanced development of the regions.Tasks. To consider approaches to stimulating accelerated innovative development of the regions of the Russian Federation and its assessment based on: the use of key performance indicators; diversification of the economic potential of the regions, as well as the use of venture financing; introduction of the concepts of strategic investment projects and strategic investment initiatives into strategic regional development programs; the use of the theory of the territorial-industrial complex in modern economic conditions.Methods. In this paper, using the methods of factorial, statistical and quantitative analysis, proposals have been developed for the formation of measures to achieve maximum success in the innovative development of advanced industries in the regions of the Russian Federation.Results. The study showed that in order to achieve the objectives of accelerated innovative development of the regions of the Russian Federation, when forming strategic planning documents, it is necessary to focus on the main “development complexes”, participation in the implementation of a new model of economic growth based on the prin ciples of public-private partnership based on a comprehensive theoretical and methodological approach to the formation of socio-economic policy and the active use of strategic investment projects.Conclusions. It is advisable in the strategic programs of the regions to determine the creation of hightech innovative projects for processing raw materials available on the territory in order to get out of the dependence of the economy on raw materials; to create the necessary conditions for improving the investment climate in order to attract high-tech projects of leading world states for their further use in their own needs; actively diversify existing own high-tech projects in order to maximize profits and create an image of a highly developed, competitive region; create high-tech divisions on the basis of financial and economic institutions to launch and finance innovative, knowledge-intensive projects with a view to their further diversification and integration both in the region and with third entities.https://www.eijournal.ru/jour/article/view/993innovative developmentterritorial production complexstrategic investment projectstrategic investment initiativetechnological structureindustrial revolution
spellingShingle E. A. Perminova
Stimulating the Innovative Development of the Regions of the Russian Federation within the Framework of Strategic Investment Projects
Евразийская интеграция: экономика, право, политика
innovative development
territorial production complex
strategic investment project
strategic investment initiative
technological structure
industrial revolution
title Stimulating the Innovative Development of the Regions of the Russian Federation within the Framework of Strategic Investment Projects
title_full Stimulating the Innovative Development of the Regions of the Russian Federation within the Framework of Strategic Investment Projects
title_fullStr Stimulating the Innovative Development of the Regions of the Russian Federation within the Framework of Strategic Investment Projects
title_full_unstemmed Stimulating the Innovative Development of the Regions of the Russian Federation within the Framework of Strategic Investment Projects
title_short Stimulating the Innovative Development of the Regions of the Russian Federation within the Framework of Strategic Investment Projects
title_sort stimulating the innovative development of the regions of the russian federation within the framework of strategic investment projects
topic innovative development
territorial production complex
strategic investment project
strategic investment initiative
technological structure
industrial revolution
url https://www.eijournal.ru/jour/article/view/993
work_keys_str_mv AT eaperminova stimulatingtheinnovativedevelopmentoftheregionsoftherussianfederationwithintheframeworkofstrategicinvestmentprojects