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Knowledge-Based Engineering as a Driver of Economic Development of the Regions of Russia

Author

Listed:
  • Mikhail Yakovlevich Veselovsky
  • Mikhail Sergeyevich Abrashkin
  • Dmitry Stanislavovich Vakhrushev
  • Lyudmila Borisovna Parfenova
  • Andrey Yuryevich Volkov

Abstract

The main purpose of this paper is the study of the characteristics and the evaluation of the impact of knowledge-based engineering enterprises on the regional economy, where they act as a main driver, a catalyst for the development of a number of sectors of the economy, by enhancing and strengthening the competitive advantages of other industrial enterprises. The fundamental provisions and papers of the reputable scientists in the field of management of regional innovation systems and knowledge-based enterprises, as well as the authoring constitute the theoretical and methodological basis of this study. The methods of empirical knowledge, the inductive and deductive methods are the basic methods used in this study. The reinterpretation of the importance of the knowledge-based engineering for the development of the regional economies is proposed, the principles of spatial distribution and the factors constraining the development of the enterprises in the industry are identified as a result of the work performed. The characteristics of the knowledge-based engineering in the context of increasing and intensifying crisis states of the economy are defined. The necessity of improvement of the state support instruments aimed at addressing the challenges of sustainable development is substantiated. The guidelines related to the requirement to strengthen the innovation and investment sector and development of the export potential of the knowledge-based engineering enterprises and regions are given. The instruments for the development of the knowledge-based engineering enterprises, allowing to bring the regions on the path of sustainable economic growth, are given.

Suggested Citation

  • Mikhail Yakovlevich Veselovsky & Mikhail Sergeyevich Abrashkin & Dmitry Stanislavovich Vakhrushev & Lyudmila Borisovna Parfenova & Andrey Yuryevich Volkov, 2017. "Knowledge-Based Engineering as a Driver of Economic Development of the Regions of Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 66-85.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:2b:p:66-85
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    1. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:142-150 is not listed on IDEAS
    2. M.Y. Veselovsky & T.V. Pogodina & E.N. Lobacheva & P.P. Pilipenko & G.A. Rybina, 2018. "Organization and Management of Clusters in Russia in the Context of Import Substitution," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 142-150.
    3. Gayane L. Beklaryan & Andranik S. Akopov, 2019. "Modelling the Efficiency of the Use of Production and Investment Resources at the Regional Level: The Case of Russia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 151-166.
    4. P. V. Zhuravlev & I. A. Epishkin & G. N. Chernukhina & M. V. Zavyalov & V. V. Varlamova & O. Yu. Voronkova, 2018. "Development of Human Capital in the System of Economic Categories of Work," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 107-117.

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    More about this item

    Keywords

    knowledge-based engineering; knowledge-based industry; innovation; regional economy.;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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