Preconditions of formation and development of the creative economy of regions

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Preconditions of formation and development of the creative economy of regions

Journal Title: Регіональна Економіка - Year 2016, Vol 79, Issue 1

Abstract

In implementing a policy of decentralization, the search for ways of eliminating most of the regional problems should be aimed at identifying the internal mechanisms of their solution in the region, the most effective and realistic of which is innovative and creative. <br>The purpose of this article is the definition of prerequisites for formation and development of the creative economy of regions and development of proposals on improvement of mechanisms of realization of regional economic policy in the direction of formation of the innovation ecosystem and the role of creative environment. <br>Methods of the research are the theory of innovation in terms of applying the principles of free innovation concept and the provisions of the latest theories of regionalism. With the help of statistical analysis carried out an assessment of innovative development of regions of Ukraine. On the basis of systematic analysis the proposals of concerning regional policy for the formation of the creative economy are developed by authors. <br>The essence of the relationship of innovative development with the formation of the creative economy in the regions is solved. The issues of formation and development of the creative economy of regions based on the experience of the EU are justified and described. The authors analyzed the state of innovativeness of the regions of Ukraine in terms of research intensity of gross regional product. The restrictions are identified that hinder the formation of a modern regional innovation systems in Ukraine, including competence necessary for the development of the creative environment of the knowledge economy, reduce inventive activity in the regions due to the lack of state policy in the sphere of intellectual property management. The proposals on improvement of mechanisms of realization of regional economic policy in the direction of formation of the innovation ecosystem of the region and the strengthening of the role of creative environment are developed. It is proved that the policy in the field of competition should be considered as an effective tool for accelerating economic development of the regions, but it must take into account the potential of innovation and human resource development. <br>Conclusions and proposals – regional economic policy must be systemic in nature, and the challenge of competitiveness, economic modernization and human development to be addressed holistically, taking into account economic, technological, social, cultural and political context. We should consider the region not as a space for industrial production, but as innovation ecosystem, able to cover different levels of structure of an economic system (in contrast to the previous types of innovation systems, which have specific boundaries) and to ensure their integrated relationship-based implementation of an interactive model of the innovation process, which is based on the principles of network movement and network of scientific-technological and innovative activity.

Authors and Affiliations

Stepan A. Davymuka, Lyubov I. Fedulova

Keywords

EP ID EP438026
DOI -
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