Tools for the sustainable development of regional economic systems at the present stage, taking into account the processes of innovation transformation

Abstract

To stimulate the progress of regional economic systems, it is advisable to focus on supporting the most competitive areas. In the context of sustainable development, this affects not only economic aspects, but also social and environmental aspects. This approach affects the structure of key development tools. Thus, the proposed methodology outlined in the current study is based on three key points: the need to form a convenient and meaningful integral indicator, the importance of taking into account all factors of sustainable development, as well as the need for planning and forecasting based only on these aspects. In a simplified way, the task of the work can be represented as the development of a methodology to increase the effective-ness of innovation for the sustainable development of regional economic systems. A harmonized system of tools implies a relatively high accuracy and speed in determining the most promising areas for the implementation and maximum effectiveness of innovations for a particular region. And, possibly, the development of standardized approaches in case of positive practice of applying the author's methodology in several regions. In this work, an integral economic indicator is calculated, on the basis of which it is possible to determine the specific weight of regions according to a number of basic statistical values characterizing the economic potential. It is also proposed to apply a number of indicators that bring the toolkit closer to the context of not just economics, but sustainable regional development.