Theoretical and methodological discourse of modern regional innovative development
Journal Title: Регіональна Економіка - Year 2018, Vol 87, Issue 1
Abstract
Problem: swift modern development of social and economic processes, stipulated by powerful advance of the fourth industrial revolution and unstable geopolitical situation, causes the range of challenges that the regional political initiatives on innovative activity stimulation have to answer to. It significantly influences the forming of the methodology of modern regional economic policy directed at innovative development and requires additional research of the peculiarities of strategic initiatives’ regional aspects. <br>Objective: to define and explain the peculiarities of modern technical and methodological foundations of regional innovative development and to substantiate their influence on forming of regional innovative policy. <br>Research methods – the provisions of regionalism and institutionalism are used as the basis for analysis and synthesis methods application in order to characterize modern scientific concepts of regional innovative development. The principles of modern concepts’ implementation are generalized on the basis of system approach and suggestions over forming of regional innovative policy are made. <br>Research results – the peculiarities of new implementation stages of the concepts of sustainable development, regional innovative ecosystems and «triple spiral» and their influence on forming of regional innovative ecosystems are outlined. Among the most prominent modern developments on the abovementioned issues the most significant are the following: the general methodological aspects of creative economy, mechanisms of creative economy and environment interrelation, employment and dynamics of creative industries’ spatial location, dependence of life quality on creative professions; implementation of inclusive development concept. The fact that nowadays reforming of innovative processes in Ukraine on the regional level in conditions of integration processes strengthening have to be based on positive experience of developed European countries and implementation of European standards of decentralization taking into account domestic specifics («smart specializations») is proven. It will contribute to avoidance of many mistakes, reduction of material expenses and time as well as optimization of the own algorithm of reforms implementation. <br>Conclusions and suggestions – the problem of creation of foundations for new region’s paradigm emerges taking into account the provisions of modern theories of modernization and regional economic activity development (sustainable development concept, theory of regional product life circle and some technological theories) and peculiarities of transition from market model, in particular foreign trade, of regional development to the management one on the basis of innovations. While developing the modern innovative business-model on the level of regional economy, it is necessary to: form additional instruments of professional competences development and optimize the available ones, provide public assistance in order to strengthen the connections between operative links of innovative process and creation of “soft infrastructure” of regional innovative ecosystem (it regards the elements, which are the basis for establishment of cooperation relations), as well as create other stimuli to encourage companies’ cooperation in terms of innovative endeavors.
Authors and Affiliations
Stepan A. Davymuka, Lyubov I. Fedulova
Keywords
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