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

Aleksandr A. Zhidkikh, Miron A. Rastov (), Denis P. Malyshev and Vyacheslav V. Nazarov
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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

Chapter Chapter 15 in Public Administration and Regional Management in Russia, 2020, pp 131-138 from Springer

Abstract: 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.

Keywords: Innovative development; Economy; Multicultural region; Regional innovative cluster; Russia (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-030-38497-5_15

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DOI: 10.1007/978-3-030-38497-5_15

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