Competition for Green Projects and Industry 4.0 Projects in Regional Investment Markets: A Security Perspective

Anna A. Skomoroshchenko, Bogdan S. Vasyakin (), Sergey E. Afonin and Maxim A. Afanasiev ()
Additional contact information
Anna A. Skomoroshchenko: Kuban State Agrarian University named after I.T. Trubilin
Bogdan S. Vasyakin: Plekhanov Russian University of Economics
Sergey E. Afonin: SSEU-Samara State University of Economics
Maxim A. Afanasiev: SSEU-Samara State University of Economics

A chapter in Industry 4.0, 2022, pp 173-180 from Springer

Abstract: Abstract Purpose: the purpose of the research is to develop a new approach that clarifies the investment attractiveness of innovative projects in the region, taking into account the systemic view of sustainable development goals with integrated consideration of risk, profitability and environmental safety, as well as in rethinking the competition of green projects and industry projects 4.0 in regional investment markets in the regions of Russia through the lens of a new approach to investment management at the regional level. Design/methodology/approach: The regression analysis method is used for a systematic view of the goals of sustainable development with integrated consideration of risk, profitability and environmental safety in this work. Findings: The example of the regions of Russia with the best position in the investment climate rating in 2020 shows that “green” projects have too narrow (environmental) focus, which is not enough for the sustainable development of the region, and therefore are associated with high risks, albeit with high profitability. Industry projects 4.0 are more competitive (investment attractive), as they are associated with less risk with similar returns, and also provide a contribution to the environmental safety of the region. A wider range of digital projects, beyond environmental protection, underpins their competitive advantage in regional investment markets. Originality/value: A model of competition for green projects and industry 4.0 projects in regional investment markets has been created from a security perspective. The proposed model presents a new hierarchy of the effectiveness of investment projects in the region.

Keywords: Competition; “Green” projects; Industry projects 4.0; Regional investment markets; Environmental security; Regions of Russia; Sustainable development of the region; Q01; Q51; Q52; Q53; Q54; Q55; Q56; Q57; Q58; O31; O32; O33; O38 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-79496-5_15

Ordering information: This item can be ordered from
http://www.springer.com/9783030794965

DOI: 10.1007/978-3-030-79496-5_15

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().