Allocation problems of institutional support for regional development financing in Serbia
Uneven regional development has been a very strong and growing problem of the Serbian economy. The paper includes the analysis of different institutional measures and incentives for even regional development financing, by beneficiaries and by implementers. Special attention has been paid to the allocation of institutional support by the Development Fund of the Republic of Serbia. The results of the analysis have proved that the allocation of institutional support is not carried out in compliance with the priorities, set for regional development. The conclusion is that, because of the strong uneven allocation problem, the instruments and measures of institutional financial support do not contribute to the harmonization of the regional development.
Cities have a crucial role in the development of regions through the development of innovation. When considering the old industrial cities there is a contradiction. On the one hand, this is the need for innovative cities developing as the main drivers of regional development, on the other - the old-industrial nature of the “core” of a given region. This allows us to formulate a hypothesis: the development of old industrial regions will be associated with maintaining current trends without prioritizing sustainable spatial development, as old industrial centers will not be able to ensure the involvement of these regions in economic growth.
2016 witnessed the first stage of implementing development program of pillar universities of the first wave of competition selection. The article presents a short description of the program, pillar university models and quality analysis of the results of program development implementation results in 2016 based on monitoring results. Conducted analysis allows for concluding that besides performing plans in terms of efficacy indicators and road map implementation, pillar universities in 2016 obtained real results in the field of changing their position in the region and forming proactive position in facilitating social and economic development of relevant Russian Federation regions. This allowed pillar universities for initiating processes of forming regional innovation infrastructure: opening techno-parks, business - incubators, collective use centers, etc.; initiating absolutely new formats of interaction with the region aimed at developing local communities, municipal and regional environment; intensifying the work with strategic partners in the Russian Federation. This article addresses project teams of Russian universities.
The article addresses the implications and preconditions for designing innovation policy for regions. Specifically the text shows the role and place of innovations in official socio-economic forecasts of Saint Petersburg and assesses the impact of clusters on enhancing competitiveness of the region.
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This chapter provides historical evidence of innovation-led structural changes at the sub-national level in high-middle income economies, with particular emphasis on economies characterised by a significant knowledge base and weak institutions. Although manifestly not the outcome of smart specialization policy, the examples of self-discovery, entrepreneurchip and experimentation discussed here describe real-life smart specialization processes. Lessons are drawn to inform S3 policy designs and implementation: (1) Most success stories occurred spontanously, with limited policy interventions, and were led by self-discovery of private and public actors; (2) regional development is usually a by-product of the national or global success of private first movers that can initiate exclaves but may fails to become developed regional clusters; (3) 'Critical mas' of capabilities is a key policy problem at the sub-national level; (4) Collective action and coordination problems impede the S3 process; (5) Complementarity of various regional policies may increase the effectiveness of government support.
The paper discusses problems of regional economy regulation. It exposes the experience of different countries regional development institutions. Moreover, it displays the efficacy assesment of economic policy applied at the level of macroregions. The tools required to pursue the regional macropolicy and to regulate it in terms of economy are investigated.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.