Development of Smart Production in Regions That Implement the Resource-Based Models of Economic Growth: Financial Limitations and Consequences for Ecological Safety and Climate Change

Aleksei V. Bogoviz, Svetlana V. Lobova and Alexander N. Alekseev
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Svetlana V. Lobova: Altai State University
Alexander N. Alekseev: Financial University under the Government of the Russian Federation

A chapter in Industry 4.0, 2022, pp 445-452 from Springer

Abstract: Abstract Purpose: The purpose of this chapter is to study the consequences of development of smart production in regions that implement the resource-based models of economic growth, for ecological safety and climate change and to determine financial limitations on this path by the example of Russia’s regions in the conditions of the COVID-19 pandemic and crisis. Design/methodology/approach: The authors use the method of correlation analysis and T.L. Saaty’s analytic hierarchy process by the example of top 10 regions of Russia by the industrial production index in the conditions of the COVID-19 pandemic and crisis. Findings: It is determined that development of smart production in regions that implement the resource-based models of economic growth is in high demand in the conditions of the COVID-19 pandemic and crisis, because it allows ensuring ecological safety and the fight against climate change. The positive contribution is most vivid in Tyumen Oblast (0.75). Originality/value: It is proved that advantages of smart technologies for ecological safety and climate change in regions with the processing models of economic growth are more vivid than in regions with resource-based models of economic growth. The use of software for R&D is the least significant factor of ecological security and climate change and does not depend on financing, while financial limitations in the conditions of the COVID-19 pandemic and crisis largely predetermine the development of smart production in Russia’s industrial regions.

Keywords: Smart production; Industrial regions of Russia; Resource-based models of economic growth; Financial limitations; Ecological safety; Climate change; COVID-19 pandemic and crisis; Q01; Q51; Q52; Q53; Q54; Q55; Q56; Q57; Q58; O31; O32; O33; O38 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-79496-5_40

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DOI: 10.1007/978-3-030-79496-5_40

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