Cluster Analysis of the Relationship Between Traditional and Innovation Economies

Buleev, I.

doi:10.14254/1800-5845/2019.15-3.8

Montenegrin Journal of Economics

2019

DOI: 10.14254/1800-5845/2019.15-3.8

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Cluster Analysis of the Relationship Between Traditional and Innovation Economies

I. Buleev¹

Abstract: innovation are developed) are characterised by positive innovation and economic development indicator values. It is also worth noting that this corresponds to the highest value of the "number of people with higher education" indicator. Along with the positive points, this cluster is also distinguished by negatives: the largest number of divorces per 1000 people and the lowest birth rates. The cluster analysis of traditional and innovative economies allows us to formulate the directions of development of econom… Show more

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2021

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Modelling an impact of enterprises’ investment activity on the level of a region’s sustainable development using fuzzy logic apparatus

Korytko¹,

Крук²

2021

Ekon. promisl.

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The social and economic component of regional development characterizes the processes that take place with the participation of all subjects of a regional economy, which are aimed at achieving economically feasible results while ensuring stable improvement of the level and quality of life of the population. Theoretical and practical issues related to the interconnection of interests, goals and objectives of the social and economic development of systems of different levels are of great importance. It should be noted that the "points of economic growth" in the region are enterprises located in its territory. The potential of their socio-economic development can be revealed through the synergy of interests of the region and enterprises. The mechanism for achieving this can be modeling an impact of enterprises’ investment activity on the sustainable development of the region. The urgency of enhancing enterprises’ investment activity in the region, in particular – in conditions of growing unsustainable market conditions, is obvious, as ensuring the efficiency of their operation and intensification of investment activity is one of the most important functions not only of each enterprise but also the region and the state in general. In industrial regions, the regional government is interested and ready to assist in the enterprises’ upgrading, as it directly faces a lot of problems associated with their low technological level. The use of outdated technologies, physical and moral depreciation of equipment invariably cause a low level of labor productivity, high costs of manufacturing, its low quality, which leads to a decrease in the competitiveness of enterprises in the region. Such enterprises have a negative impact on the environment. All this together affects the level and quality of life of the population, which is a key indicator of the effectiveness of regional authorities. Thus, it can be noted that in modern conditions the emphasis in the transition to investment and innovation development is naturally shifted to the level of regions. Ensuring balanced social and economic development of regions in dynamic conditions of structural and organizational transformations and uncertainty is an crucial, complex and multifaceted problem, for the effective solution of which it is necessary to use effective means of economic assessment of feasibility, effectiveness and risks of socio-economic transformations, as well as appropriate means of assessments and regulations, which should include tools for indicative management.

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Modelling an impact of enterprises’ investment activity on the level of a region’s sustainable development using fuzzy logic apparatus

Korytko¹,

Крук²

2021

Ekon. promisl.

View full text Add to dashboard Cite

show abstract

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Cluster Analysis of the Relationship Between Traditional and Innovation Economies

Cited by 1 publication

References 8 publications

Modelling an impact of enterprises’ investment activity on the level of a region’s sustainable development using fuzzy logic apparatus

Modelling an impact of enterprises’ investment activity on the level of a region’s sustainable development using fuzzy logic apparatus

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