Volume 12 article 300 pages: 265 - 272

Published: Feb 28, 2017

DOI: 10.5937/jaes12-7169

MODERNIZATION OF MODEL FOR INITIATION OF INVESTMENT PROJECTS AS A FACTOR OF BALANCED MAINTENANCE OF REGION'S INVESTMENT-INNOVATIONAL ACTIVITY

Andrei Victorovich Manin
Andrei Victorovich Manin
Irina Vladimirovna Somina
Irina Vladimirovna Somina
Sophia Miroslavovna Bukhonova
Sophia Miroslavovna Bukhonova
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Abstract

In recent decades, because of globalization, development of social, information technologies and some other reasons cities and regions of the world have received the brand new possibilities of eco- nomic and cultural development. Barcelona and Sydney, Vancouver and Helsinki, separate parts of Zurich and Strasburg, alone with spread row of provincial and little-known towns and regions, took advantages of new opportunities and obtained a high-capacity inflow of investments and tourists, increase of business and local communities' activity, new political weigh and cultural significance. As a result, at these territories, the quality of life increased, as much as integration degree of political, business, and cultural structures into national and international area, including investment. In Rus- sia new possibilities were being explored by each territory according to its opportunities, within the programs of Russia's regions innovational development. Nowadays, because of accumulated inter- national and domestic experience, we can easily say, that the time has come to expand the limits by embracement of technological innovational activity by investment and social-cultural approaches to development and branding of territories.

Keywords

Innovation development Investment potential Investment-innovational activity Region development technologies Development models

Acknowledgements

The article was published with the financial sup- port from Ministry of Education and Science of the Russian Federation within the framework of state assignment to the project #26.1511.2014K "Theory and methodology of managing innova- tional and investment processes in small busi- ness enterprises."

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