Transformation of the institutional code of economic development of industrialized regions in the context of scientific and technological approach

Abstract

Aim. To develop a methodological approach to the transformation of the institutional code of economic development of an industrial region, which consists in the introduction of a new institute to stimulate scientific and technological development.Objectives. To reveal the peculiarities of the economic development agency as a source of transformation of the region’s institutional code; to propose schemes of transformation of the institutional code of economic development of the industrial region taking into account the assessment of the level of consistency of the trajectories of its scientific-technological and socioeconomic development; to determine the functions of the economic development agency ensuring the transformation of the Sverdlovsk region’s institutional code.Methods. Modified Frobenius norms are applied, which allow to design trajectories of scientific-technological and socio-economic development, reflecting the dominant trends of changes in the regions, and to determine the degree of consistency of these trajectories.Results. The article reflects the approbation of the author’s methodological approach on the example of the Sverdlovsk Oblast. As a result, a partial consistency of the trajectories of scientific and technological and socio-economic development of the Sverdlovsk region in the time interval 2012–2018 is revealed. Recommendations on strengthening the functions of the Economic Development Agency in the context of its participation in the implementation of the territorial projects “Ural Technopolis” and “Ural Engineering School” have been developed.Conclusions. Transformation of the institutional code of industrial regions is possible in the context of creating economic development agencies that create conditions for the growth of scientific and technological initiatives of economic transformation on the ground, ensuring the growth of consistency of development trajectories of territories as a whole.