Assessment of the Balanced Development of an Innovation-Oriented Regional Economic System

• Main Authors: Kolesnikova Victoriya, Chudinova Larisa, Chugunov Andrey
• Format: Article
• Language: English
• Published: EDP Sciences 2021-01-01
• Series: E3S Web of Conferences
• Online Access: https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/71/e3sconf_wfsdi2021_01045.pdf

The regulation of the processes of socio-economic development of economic systems is carried out in an extreme situation caused, including, by global hypercompetitiveness. The contradictions are especially acute in the economic systems, developing according to the innovation model. The work substantiates, that in the current conditions, increased attention should be paid to the balance of development of innovation-oriented economic systems. To identify the fact of balance and directions for its maintenance, a methodology for assessing the level of balance of the economic system is proposed. Within the framework of this methodology, it is recommended to assess the balance of development according to three functional components - market, production and personnel with the singling out four levels - absolute, relative, conditional balance and imbalance. Three positions are recommended as criteria - resource availability, efficiency and potential, which imply quantitative certainty, reflected in the system of indicators, grouped by functional components of balance. Objective difficulties, arising in the process of assessing the level of balanced development of the economic system can be compensated for by the multivariance in the system of assessed indicators and the criteria for their selection. The technique received practical approval according to the data of the Voronezh region.