SHS Web Conf.
Volume 128, 2021XVII International Scientific and Practical Conference on Sustainable Development of Regions (IFSDR 2021)
|Number of page(s)||11|
|Section||Socio-economic Systems Management|
|Published online||15 December 2021|
Investment potential of innovative development of “smart cities” in Russia
1 Moscow Polytechnic University, Department of Economics and Organization, Faculty of Economics and Management, 107023, Moscow, Bolshaya Semyonovskaya str., 38, Russia
2 Russian Presidential Academy of National Economy and Public Administration, Department of Public Sector Economy and Finance, Faculty of State Audit, 11957, Prospect Vernadskogo, 82, Moscow, Russia
3 Volgograd Institute of Management, branch of the Russian Presidential Academy of National Economy and Public Administration, Research and Organizational Department, 400066, Gagarin str. 8, Volgograd, Russia
* Corresponding author: firstname.lastname@example.org
Russian government actively supports introduction of smart city technologies in large administrative entities in Russia. However, it is necessary to evaluate and maintain investment activity in the national market of innovative products which provides a competitive offer of such technologies to Russian and world consumers. Varying levels of regional social and economic development, different historical and cultural background of consumer behaviour affect not only the innovation in businesses and urban population in matters of purchasing and use of smart city technologies. These factors also determine attractiveness of relevant industries and start-ups, as well as sufficiency of human resources in high R&D intensive industries. The presented research outcomes reveal significant differences in innovative development level of “Smart Cities” in Russia. Russian government finances digitalization and introduction of “Smart City” technologies using public resources. It is concluded in the paper that incoherence in availability of territorial administrative resources among the constituent entities of the Russian Federation, different motivational and value orientations of Russian population and civil servants, in particular, traditional for various territories, leads to different results of the implementation and use of such innovations.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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