Investment Appeal and Research & Development Capacity of the Regions

Abstract

The formation of regions' investment appeal gives the opportunity to create the conditions for economic and social development of the territories and the state as a whole. This issue should be considered from several points. It is worth noting that each region has its own characteristics and a growth potential. It is evident that a number of territories could take participation in the competition for the opportunity to obtain investment funds. At the same time for the state's economy there is a need of the development and maintenance of existing scientific, technological and industrial centers in the developed regions as drivers of an industrial and scientific and technological growth. There is a need for a system accounting of wide range of conditions and criteria within the region. The presented approach will not only determine perspective directions of investment, but also calculate the planned results and assess the synergies of investment programmes implementation in different areas.