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Shaping of Regional Development Strategy in the Context of Transformation Paradigm: Principles of Strategic Management

Author

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  • Svitlana Stepanova

    (Institute of Economics Karelian Research Centre of the Russian Academy of Sciences)

Abstract

The article is devoted to substantiation of conceptual approach to shaping of regional development strategy in the context of transformation paradigm. The principles of strategic management of socioeconomic systems are discussed. Their interrelation and interdependence are analyzed. The conceptual approach is grounded to development strategy shaping for socioeconomic system of the regional level in the context of evolutionary economic theory. The principles of regional development strategic management are revealed on which shaping of stable system of the region is based. On the basis of the analysis of approach versatility to the regional development strategic management, the fundamentals of the regional development strategic management are determined in the context of transformation of the regional level socioeconomic systems. The determined fundamentals make it possible to most fully use the available potential of the regions to reach a new qualitative state which may generate answers to the present-day challenges of the global and national level.

Suggested Citation

  • Svitlana Stepanova, 2015. "Shaping of Regional Development Strategy in the Context of Transformation Paradigm: Principles of Strategic Management," Oblik i finansi, Institute of Accounting and Finance, issue 4, pages 145-150, December.
  • Handle: RePEc:iaf:journl:y:2015:i:4:p:145-150
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    More about this item

    Keywords

    socioeconomic system; region development; strategy; strategic management; principles of strategic management;
    All these keywords.

    JEL classification:

    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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