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Regional Economics: Theory and Practice
 

A strategy of innovative development of the region

Vol. 17, Iss. 9, SEPTEMBER 2019

Received: 28 December 2015

Received in revised form: 9 August 2016

Accepted: 21 September 2016

Available online: 16 September 2019

Subject Heading: INNOVATION AND INVESTMENT

JEL Classification: P25

Pages: 1768–1787

https://doi.org/10.24891/re.17.9.1768

Agafonov V.A. Financial University under Government of Russian Federation, Moscow, Russian Federation
v-agafonov@yandex.ru

ORCID id: not available

Subject When working out the national socio-economic strategy, it is crucial to take into account regional factors. The article addresses methodological issues of regional strategy development, and focuses on conditions, restrictions, and strategic directions of creating regional development centers being a tool to implement the general strategy of socio-economic development of the region.
Objectives The study aims to analyze the pattern of the said centers' creation, proceeding from the assessment of the potential of socio-economic development of the region in various aspects.
Methods The methodological basis of the study is basic principles and methods of the systems analysis.
Results The paper formulates the main tasks of State regulation of economic processes at the regional level, considers important characteristics of development centers, defines the cluster strategy concept. It uses innovation-oriented cluster structures and reviews major factors, preconditions and basic measures of their formation.
Conclusions To build the systems that may serve as centers of strategic development, it is necessary to stir up all elements of the region's potential.

Keywords: strategic planning, innovative development, potential, socio-economic system, cluster

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