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National Interests: Priorities and Security

Balanced and sustainable development of green business in regions, using the instruments of economic security

Vol. 17, Iss. 11, NOVEMBER 2021

Received: 12 July 2021

Received in revised form: 30 July 2021

Accepted: 15 August 2021

Available online: 15 November 2021


JEL Classification: C02, C43, K32, Q01

Pages: 20552070


Olga V. KOZHEVIN Bauman Moscow State Technical University (Bauman MSTU), Moscow, Russian Federation


Lyubov A. BELYAEVSKAYA-PLOTNIK Institute of Economics of Russian Academy of Sciences (IE RAS), Moscow, Russian Federation


Subject. This article considers the development of green entrepreneurship in the context of ensuring the economic security of Russian regions.
Objectives. We focus on developing a conceptual and instrumental basis for sustainable development of entrepreneurial segments of the green economy, using the economic security tools for rapid identification and ranking of new threats and risks.
Methods. The study rests on the methodology for determining the confidence interval to create threshold values of indicators of economic security and "green" entrepreneurship, supplemented by trend analysis to justify the priority of introducing green entrepreneurship mechanisms in a particular region of the Russian Federation.
Results. We underpin the priority of introducing mechanisms for green entrepreneurship development, through modeling upper and lower boundaries of permissible values for indicator of air pollutant emissions from stationary sources, in the Moscow, Leningrad, Sverdlovsk, and Novosibirsk Oblast, and the Altai and Krasnodar Territory.
Conclusions. Based on generalization and systematization of Russian and foreign experience, we provide a theoretical rationale for the content, role, classification, and interdependence of tools for sustainable development of business segments of the green economy, clarify the concept of sustainable development for the purposes of this study. We prove the hypothesis that priority support need those regions that incur the greatest risks in the environmental sphere, including large volumes of hazardous air pollutant emissions.

Keywords: green entrepreneurship, economic security, threshold indicator, environmental risks and threats, ESG


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ISSN 2311-875X (Online)
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Vol. 17, Iss. 11
November 2021