Proceedings of the Volgograd State University International Scientific Conference "Competitive, Sustainable and Safe Development of the Regional Economy" (CSSDRE 2019)

Need for convergence of interests of the regional economic system and economic entities in the process of neo-industrialization

Authors
Galina Merzlikina, Oksana Minaeva, Tatyana Agievich
Corresponding Author
Galina Merzlikina
Available Online June 2019.
DOI
https://doi.org/10.2991/cssdre-19.2019.67How to use a DOI?
Keywords
convergence, economic interest, regional economic interest, level of interest consistency, neo-industrialization
Abstract
The article is devoted to the study of theoretical and practical aspects of the need for convergence of economic interests of the regional economic system and economic entities in the process of neo-industrialization. The main characteristics and parameters of the neo-industrialization are summarized; features of neo-industrialization in terms of total digitization are specified. The reasons for the need for convergence of economic interests of the region and economic entities in the conditions of neo-industrialization are revealed. The special case of convergence of interests is defined – "the principle of the general final way" which can be accepted as a basis of convergence of interests. The terms of "economic interest", "regional economic interest", economic interest of the economic entity in the territory of presence are considered. It is revealed that in modern conditions there is a complication and tightening of administration of economic interests which generates new contradictions, aggravating the "eternal" conflict of personal and public interests. It is argued that the most effective way of realization and convergence of economic interests can only be their clear coordination (one of the functional areas of management), which involves the measurement and evaluation of economic interests. The regional economic system is an assembly of economic entities which implement multidirectional interests. The economic interest of the regional economic system covers all phases of reproduction (production, distribution, exchange, consumption). The method of assessing the level of consistency of economic interests of the region and economic entities is formed and the tools of measurement of indicators and evaluation are defined. An aggregated list of indicators of consistency of economic interests, which is based on the principle of "balance", is proposed. Requirements to indicators of social and economic interests are stated. The necessity of inclusion of indicators of neo-industrialization in the list of indicators is considered. In conclusion, the findings about the applicability and further direction of research and improvement of methods and methodological support of the level of assessment of economic interests are given.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Galina Merzlikina
AU  - Oksana Minaeva
AU  - Tatyana Agievich
PY  - 2019/06
DA  - 2019/06
TI  - Need for convergence of interests of the regional economic system and economic entities in the process of neo-industrialization
BT  - Volgograd State University International Scientific Conference "Competitive, Sustainable and Safe Development of the Regional Economy" (CSSDRE 2019)
PB  - Atlantis Press
SP  - 342
EP  - 347
SN  - 2352-5428
UR  - https://doi.org/10.2991/cssdre-19.2019.67
DO  - https://doi.org/10.2991/cssdre-19.2019.67
ID  - Merzlikina2019/06
ER  -