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Regional Economics: Theory and Practice
 

Innovative development areas: Novel approaches to sustainability

Vol. 16, Iss. 5, MAY 2018

PDF  Article PDF Version

Received: 1 March 2018

Received in revised form: 20 March 2018

Accepted: 30 March 2018

Available online: 15 May 2018

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: R5, R10, R58

Pages: 942–955

https://doi.org/10.24891/re.16.5.942

Plisetskii E.L. Financial University under Government of Russian Federation, Moscow, Russian Federation
plissetsky@mail.ru

https://orcid.org/0000-0003-3117-0363

Plisetskii E.E. National Research University – Higher School of Economics, Moscow, Russian Federation
evgenij.pliseckij@mail.ru

https://orcid.org/0000-0002-6448-5962

Shed'ko Yu.N. Financial University under Government of Russian Federation, Moscow, Russian Federation
ynshedko@mail.ru

https://orcid.org/0000-0002-9179-3637

Importance This article examines the problems of spatial organization of economy and management of territories of new economic development in Russia and discusses the issues of development and practical application of new organizational and economic solutions and decisions.
Objectives The article aims to develop approaches to the management of sustainable development of new economic development areas in the context of the transition to an innovative economy.
Methods For the study, we used the methods of comparative and systems analyses, and empirical data on innovative economic development regions of Russia.
Conclusions With regard to the areas' economic development, innovative solutions can be implemented in more effective forms of spatial organization of economy and management of regional development, and in modern technologies, expanding opportunities to engage new resources, as well. The article concludes that an integrated approach to the management of territories' sustainable development can be effective. It recommends focusing on harmonious changes in the quality of life and economic activity of the population.

Keywords: territory, new development, sustainable development, growth area, Priority Social and Economic Development Area, smart city, complex approach, territorial cluster

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