Sustainable development of the regional social-economic system: An innovative dimension

Abstract

This paper revises the essence of innovation, innovation sphere and cluster models of regional social-economic system and presents the characteristics of innovative activity and the classification of innovation possibilities of the enterprise. We propose an organizational-economic mechanism of sustainable social-economic development of the territory as an instrument of territorial planning. We justify that successful functioning of innovation infrastructure objects in the form of the innovation-technological center (as cluster) may become a real instrument for spatial planning. This tool gives a significant multiplicative effect in conjunction with changes in the entire regional social-economic system, enhancing the life quality of citizens. The nature of this tool lies in the fundamental law of economic development - high innovative receptivity is ensured only by appropriate technological level on the national scale. According to this, in order to secure innovative receptivity of economy, the state needs to develop sufficiently high technological level in the key regional industries. The authors have also presented the main principles for stimulating innovations, dedicated to enhance the region's competitiveness.