Sustainable territorial development based on the effective use of resource potential

Olga Voronkova, Veronika Yankovskaya (), Irina Kovaleva (), Ilya Epishkin (), Iuliana Iusupova () and Yuliya Berdova ()
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Veronika Yankovskaya: Plekhanov Russian University of Economics, Russian Federation
Irina Kovaleva: Altai State Agricultural University, Russian Federation
Ilya Epishkin: Russian University of Transport, Russian Federation
Iuliana Iusupova: I.M. Sechenov First Moscow State Medical University, Russian Federation
Yuliya Berdova: Tyumen Industrial University, Russian Federation

Entrepreneurship and Sustainability Issues, 2019, vol. 7, issue 1, 662-673

Abstract: The effective use of resource potential is a prerequisite for implementing all the functions of the territory and thus, can be considered fundamental for sustainable territorial development. Within the context of the current crisis in the economic sphere, regional affiliation generally occupies a special place in the structure of socio-economic development. Therefore, finding ways to ensure the effective use of resource potential is a crucial task, combining territorial specifics with the interests of the state. Modern approaches to the organization and management of the resource potential of the territory in the direction of its sustainable strategic development are analyzed. The authors substantiate the conditions and factors of formation of the resource potential of the region. On the basis of a detailed study of the problem, the mechanism developed by the authors to implement the strategy of effective use of resource potential at the regional level is presented. The proposed mechanism can be implemented in the socio-economic management of the territory focused on sustainable development.

Keywords: sustainable development; resource potential; strategy; territory (search for similar items in EconPapers)
JEL-codes: O13 P28 Q01 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:7:y:2019:i:1:p:662-673

DOI: 10.9770/jesi.2019.7.1(47)

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