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Innovative Development of a Multicultural Region’s Economy: Barriers and Perspectives

In: Public Administration and Regional Management in Russia

Author

Listed:
  • Aleksandr A. Zhidkikh

    (Altai State Technical University)

  • Miron A. Rastov

    (Institute of Regional Economics of the Russian Academy of Sciences)

  • Denis P. Malyshev

    (Pskov State University)

  • Vyacheslav V. Nazarov

    (Altai State Pedagogical University)

Abstract

The authors use the hypothetical and deductive principles for studying the experience of innovative development of the economy of modern Russia’s multicultural regions. It is shown by the example of modern Russia that serious barriers on the path of innovative development of economy cause most of the multicultural regions of Russia to show a lower level of this development than on average for the country (as compared to monocultural regions). The perspectives of acceleration of innovative development of the economy of multicultural regions are connected to the usage of the cluster mechanism, which should be implemented in view of the specifics of a multicultural region and should envisage its openness and high flexibility.

Suggested Citation

  • Aleksandr A. Zhidkikh & Miron A. Rastov & Denis P. Malyshev & Vyacheslav V. Nazarov, 2020. "Innovative Development of a Multicultural Region’s Economy: Barriers and Perspectives," Contributions to Economics, in: Elena G. Popkova & Konstantin V. Vodenko (ed.), Public Administration and Regional Management in Russia, chapter 0, pages 131-138, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-38497-5_15
    DOI: 10.1007/978-3-030-38497-5_15
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