Proceedings of the International Scientific and Practical Conference Strategy of Development of Regional Ecosystems “Education-Science-Industry” (ISPCR 2021)

Implementation of Investment Projects in Industry as a Factor of Ensuring the Economic and Spatial Development of Russian Regions

Authors
Mikhail Ya. Veselovsky1, *, consult46@bk.ru, ORCID, Vladislav I. Nikolaev1, ORCID, Vladimir A. Trifonov2, ORCID
1LEONOV Moscow Region University of Technology, Korolev, Russia
2Yaroslav-the-Wise Novgorod State University, Veliky Novgorod, Russia
Corresponding Author
Mikhail Ya. Veselovskyconsult46@bk.ru,
Available Online 25 February 2022.
DOI
10.2991/aebmr.k.220208.072How to use a DOI?
Keywords
industry; investment projects; economic and spatial development; regional economy
Abstract

The national security of Russia depends on achieving the breakthrough in socio-economic development ensured by the use of innovations and revealing the spatial potential of the country. The economic growth of regions and countries is currently ensured with the inflow of investments into large infrastructure projects, as well as into projects that provide for the development of industry. Industry remains the basis for the development of the economic system and for the increase in the resource provision of the countries of the world economy. In addition, it is impossible to ignore the current changes in the economy and the society. Thus, the development of the digital economy, Industry 4.0, the Internet of Things, the improvement of artificial intelligence and the emergence of supercomputers radically change our understanding of the innovative environment that should provide for the development of the state targeted at a qualitative increase in the standard of living and well-being of its citizens. The analysis carried out in the article reveals the intricacy of ensuring the economic and spatial development of the country. In the economy of the XXI century, the achievement of intensive economic growth is expected through the implementation of large investment projects in industry. It is these projects that provide the necessary multiplier effect that will reveal the human, logistic and economic potential of the territories. The research work analyzes the experience of large industrial centers such as Moscow and Nizhny Novgorod, which are currently the leaders in the innovative development of Russia. Also there is the analysis of the existing and planned for implementation mechanisms necessary for the development of industry and attracting investment (both Russian and foreign) in production spheres. The formulated conclusions highlight the need to make rational management decisions at all government levels, which ensure strategic forecasting and effective use of available resources, as well as their increase in the short and long term. Obviously, it is impossible to achieve economic growth, including in industry, without the participation of the state, it is especially true for Russia.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the International Scientific and Practical Conference Strategy of Development of Regional Ecosystems “Education-Science-Industry” (ISPCR 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
25 February 2022
ISBN
10.2991/aebmr.k.220208.072
ISSN
2352-5428
DOI
10.2991/aebmr.k.220208.072How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Mikhail Ya. Veselovsky
AU  - Vladislav I. Nikolaev
AU  - Vladimir A. Trifonov
PY  - 2022
DA  - 2022/02/25
TI  - Implementation of Investment Projects in Industry as a Factor of Ensuring the Economic and Spatial Development of Russian Regions
BT  - Proceedings of the International Scientific and Practical Conference Strategy of Development of Regional Ecosystems “Education-Science-Industry” (ISPCR 2021)
PB  - Atlantis Press
SP  - 508
EP  - 514
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220208.072
DO  - 10.2991/aebmr.k.220208.072
ID  - Veselovsky2022
ER  -