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Public-Private Partnership: A Mechanism Of The Russian Export-Oriented Localization Development
Relevance of the research corresponds to the problems of incoherence of support measures for localization and export development in the Russian regions, as well as overlapping and lack of the resources to implement such measures especially in the small peripheral regions.
Nowadays localization is one of the priority tasks of the Russian federal and regional policy. One of the actual measures to develop localization is interregional industrial cooperation via public-private partnership, that lets to jump-start regional economic growth. The goal of the research is to establish a role of public-private partnership in export-oriented localization development in order to increase the Russian regions investment appeal and to promote investments in localization.
Scientific novelty of the research includes estimating correlation between cumulative investments in the public-private projects and cumulative investments for localization development in the Russian regions. The results of the research might be used for strategizing export-oriented localization on the regional level using interregional industrial networks, which lets to optimize regional resources use in interregional clusters and to extent growth areas in the regions, as well as to increase regional industries international competitiveness and sustainable development.
Within the research, the public-private projects of the North-West Federal District of Russia were analyzed to reveal leaders and outsiders, as well as the main spheres and sectors of public-private projects implementation. As a result, the Russian regions were classified according to the spheres, forms and duration of the public-private projects. Correlation and regression analysis performed a tight connection between public-private investment projects implementation and export-oriented localization development in the Russian regions.