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A MODEL OF REGIONAL INNOVATIVE CRISIS-RESPONSE PROGRAM UNDER GEOPOLITICAL INSTABILITY

https://doi.org/10.26794/2587-5671-2016-20-3-34-43

Abstract

Interregional differentiation between RF subjects, especially in conditions of geopolitical instability has necessitated implementing innovative crisis-response programs aimed not only at overcoming the crisis factors in social and economic regional development but also at creating the basis for sustainable economic growth. A model of regional innovation crisis-response program under geopolitical instability implies the use of systematic, integrated, process and other approaches. It should take into account such factors as an integral criterion of quality and regional development performance; systematic approach methodological requirements to program design; crisis management purposes; morphology of the system; the purpose of every subsystem functioning; a mechanism to ensure the achievement of objectives set for the system viewed as a whole, given its emergent properties; system and subsystems hierarchy level; impact of system properties on other systems; impact of the environment on the system; the process of functioning and development of the system; information streams (both internal and external), etc. Thus, the suggested model of regional innovative crisis-response program will help overcome not only negative factors in the regional social and economic development and import substitution, but will contribute to creation of regional tax base which, in turn, will increase revenues in RF subject budgets and enhance the quality of life in respective regions.

About the Authors

V. V. Matveev
Financial University, Oryol branch
Russian Federation


L. V. Mazur
Financial University, Oryol branch
Russian Federation


References

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Review

For citations:


Matveev V.V., Mazur L.V. A MODEL OF REGIONAL INNOVATIVE CRISIS-RESPONSE PROGRAM UNDER GEOPOLITICAL INSTABILITY. Finance: Theory and Practice. 2016;20(3):34-43. (In Russ.) https://doi.org/10.26794/2587-5671-2016-20-3-34-43

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