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Regional Economics: Theory and Practice
 

Industrial estate as a mechanism for regional development: Issues of creation

Vol. 14, Iss. 7, JULY 2016

PDF  Article PDF Version

Received: 23 October 2015

Received in revised form: 18 November 2015

Accepted: 20 January 2016

Available online: 18 July 2016

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: L32, O18, O25, R12, R58, Y10

Pages: 49-61

Zhuravleva O.V. Russian Presidential Academy of National Economy and Public Administration, Lipetsk Branch, Lipetsk, Russian Federation
gmy.lforags@mail.ru

Dorofeeva T.D. Russian Presidential Academy of National Economy and Public Administration, Lipetsk Branch, Lipetsk, Russian Federation
td.dorofeeva@gmail.com

Importance The paper studies industrial parks as part of the economic development of a region.
Objectives The paper aims to uncover the mechanism of development of economy of the Lipetsk oblast, identify current trends and error development of industrial parks in the country and oblast, as well as to improve the investigated mechanism.
Methods As a methodological framework, we used analysis and synthesis, and historical and logical methods.
Results We studied the experience of the functioning of industrial parks, both abroad and in the Russian Federation, highlighted the obstacles and ways of development of industrial parks in the Lipetsk oblast. We justified the prospects of creation and development of industrial parks and technology parks, which will promote the improvement of the investment activity of the Lipetsk oblast's economy as a whole, as well as the development of small and medium-sized businesses.
Conclusions and Relevance The analysis of industrial parks marks a significant development in this field over the past 10 years and the great prospects for further their existence. The proposed activities to improve the functioning of industrial parks will improve the economic condition of the Lipetsk oblast, attract investors and continue the sustainable development of the oblast.

Keywords: industrial park, sustainable development, public-private partnership

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