Regional Smart Specialization: Microbusiness Impact

Polishchuk, Yevheniia; Ivashchenko, Alla; Kornyliuk, Anna

doi:10.30525/2256-0742/2020-6-5-209-215

Cited by 3 publications

(3 citation statements)

References 23 publications

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“…As a policy tool, the smart specialization model's conceptual structure and conditions for successful implementation are widely represented in the literature [2][3][4][5][6].…”

Section: Smart Specialization Featuresmentioning

confidence: 99%

Smart Specialization of the Region as a Tool for Modernizing Innovative Development

Vakhovych

Satyvaldieva

Dooranov

et al. 2021

EEA

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The article aims to study the international experience of smart specialization in regions and develop ways to improve it.The work uses methods of systematization, morphological analysis, graphic and empirical research.The authors investigated the essence, features and possibilities of smart specialization and schematically depicted it. The authors identified five principles of smart specialization, analyzed the foreign experience of smart specialization of regions. Based on the conducted studies of the European policy of unity and regional policy of the EU, they substantiated the expediency of introducing a model of smart specialization of regions to ensure sustainable regional development on an innovative basis and improve the living conditions of households.Based on the studied theoretical and methodological material, the authors developed ways to improve the smart specialization of regions, namely, an algorithm for substantiation of potential areas of smart specialization in the regions and the conceptual approach to the choice of strategic priorities for innovative regional development, taking into account the principles of "smart specialization".Recommendations are proposed for improving the processes of forming innovative regional strategies, taking into account the principles of the concept of "smart specialization", and the necessity of forming a map of unique, innovative competencies of regions and clusters of the country is substantiated.To visually reflect the state of smart specialization of regions, the authors proposed the use of two maps that neutralize each other's shortcomings and help make more balanced management decisions.

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“…As a policy tool, the smart specialization model's conceptual structure and conditions for successful implementation are widely represented in the literature [2][3][4][5][6].…”

Section: Smart Specialization Featuresmentioning

confidence: 99%

Smart Specialization of the Region as a Tool for Modernizing Innovative Development

Vakhovych

Satyvaldieva

Dooranov

et al. 2021

EEA

View full text Add to dashboard Cite

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“…Data from the State Statistics Committee for 2019 for 24 oblasts were used for cluster analysis. All data were standardized according to formula (1) to reduce the dimensionality of the data:…”

Section: Part 1 Cluster Analysis Of Ukrainian Regions Accordingmentioning

confidence: 99%

“…Kyiv and Mykolaiv oblasts are leading. Studies show that the latest local microbusiness demonstrates a willingness to intensify innovation, including the production of new products [1].…”

Section: Part 2 Characteristics Of Obtained Clustersmentioning

confidence: 99%

Regional Cluster Analysis as Approach for Sme Development Models

Kornyliuk

Ivashchenko

2021

Transformation of the Economy, Finance and Management in a Pandemic: The Development of Digital Technologies

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The study analyzes the SME development regional trends in terms of key indicators. Using K-means clustering techniques, 4 groups were identified. Data show that the largest gap between the most and least developed clusters is observed in terms of spending on business innovation expenditures per capita, at the same time the average wage is the most consistent indicator. The obtained results allow to form recommendations for the intensification of innovation and investment development of small and medium-sized businesses, taking into account regional specifics. The set of recommendations was divided into financial and non-financial support measures. It is proposed to use mainly direct support aimed at stimulating individual projects for more developed regions, while for less developed regions it is advisable to use indirect tools. Non-financial support measures should be aimed primarily at eliminating institutional and systemic failures in business.

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