The Development of Regional Management by Smoothing of Spatial Polarization

Zinovyeva, Alfiya

doi:10.5539/ass.v11n11p253

Cited by 1 publication

(1 citation statement)

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“…The theoretical basis of the present study lies in the works of modern scientists focused on regional economies. An analysis of previous studies published in this discipline shows that several works have been published on regional development, including studies by (Li, Cheng, & Wu, 2016;Malikov, Sharipova, Kharisov, Sunaeva, & Mukhametova, 2015;Zarubin, Tkhakushinov, Kuizheva, Nekrasova, & Ovsyanniko-va, 2015;Zinovyeva, 2015). A regional economy is the economic system of a specific region within a national economy (Meléndez, Borges-Mendez, Visser, & Rosofsky, 2015).…”

Section: Literature Reviewmentioning

confidence: 99%

Regional Innovation Development as a Feature of Competitiveness in the XXI Century

Zinovyeva

Kozenko

Gerasimov

et al. 2016

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IntroductionIn the XXI century, competition has risen to a whole new level. Currently, not only specific enterprises but also entire countries compete with one another.They compete for access to resources -human, material, and capital -for sales markets of manufactured products, for investments into the development of regional businesses, etc. This competition is global in nature, and thus, neighboring countries presenting similar peculiarities form regions that are subjects of global competition and that act on behalf of all countries that form them.The most competitive regions become leaders in the global economy. They form coalitions and initiate strong relations with investors, further strengthening their competitiveness. These regions develop dynamically and boast strong quality of life Regional Innovation Development as a Feature of Competitiveness in the XXI CenturyThe authors of this paper hypothesize that one of the most significant features of regional competitiveness in the global economy is innovation development and that through innovation application, underdeveloped regions can reduce the gap between them and leading regions and can in turn surpass leading regions. The purpose of the article is to verify this hypothesis, to determine the role and significance of innovation development in the provision of regional competitiveness and to identify ways to increase the competitiveness of underdeveloped regions through innovation application. The methodological basis of the research is comprised of a specially developed proprietary methodology for the evaluation of regional competitiveness and a modified factor analysis methodology for the determination of factors of regional economic growth using the "economic miracle" case for various regions. Through this study, the authors validate the proposed hypothesis and conclude that innovation development critically shapes regional competitiveness by determining the quality of economic growth. The proposed model for increasing regional competitiveness on the basis of innovation development presents new opportunities to increase the competitiveness of underdeveloped regions through innovation application. ABSTRACTO32, F630

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Section: Literature Reviewmentioning

confidence: 99%