Tools for the sustainable development of regional economic systems at the present stage, taking into account the processes of innovation transformation


Simonov S.V.

Abstract. To stimulate the progress of regional economic systems, it is advisable to focus on supporting the most competitive areas. In the context of sustainable development, this affects not only economic aspects, but also social and environmental aspects. This approach affects the structure of key development tools. Thus, the proposed methodology outlined in the current study is based on three key points: the need to form a convenient and meaningful integral indicator, the importance of taking into account all factors of sustainable development, as well as the need for planning and forecasting based only on these aspects. In a simplified way, the task of the work can be represented as the development of a methodology to increase the effectiveness of innovation for the sustainable development of regional economic systems. A harmonized system of tools implies a relatively high accuracy and speed in determining the most promising areas for the implementation and maximum effectiveness of innovations for a particular region. And, possibly, the development of standardized approaches in case of positive practice of applying the author`s methodology in several regions. In this work, an integral economic indicator is calculated, on the basis of which it is possible to determine the specific weight of regions according to a number of basic statistical values characterizing the economic potential. It is also proposed to apply a number of indicators that bring the toolkit closer to the context of not just economics, but sustainable regional development. Keywords: analysis, innovation, integral indicator, assessment, regional economic systems, prospects, forecast, sustainable development. Hightlightts: - to increase the effectiveness of innovations, it is advisable to focus them in the most competitive areas, and this applies equally to regional economic systems. Therefore, an analysis of the level of development and the most significant structural elements of regional economic progress will make it possible to more effectively direct and manage innovation processes in individual regions of the Russian Federation; - the basic elements for the development of regional development tools are a qualitative selection of statistical indicators to determine the degree of economic development of a constituent federal entity and identify priority areas, as well as the definition of indicators of environmental and social sustainability; - integrated indicators should, on the one hand, comprehensively cover all aspects of sustainable development, but at the same time, from the standpoint of simplification, it is worthwhile to avoid duplicating and interdependent indicators; in some cases, they can be replaced by ratings or expert opinions.

Sergey V. Simonov - State University of Management, Moscow, Russia


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