UDC 332.14

Sustainable development of the region: innovation and competitiveness

Published в JOURNAL OF MONETARY ECONOMICS AND MANAGEMENT · Issue 12, 2024 · Pages 115–121 · Rubrics: SCIENTIFIC ARTICLES
DOI 10.26118/2782-4586.2024.85.97.163
Received: 21.03.2025 Accepted: 26.03.2025 Published: 26.03.2025
Authors
1 Institution of Higher Education "Institute of Finance and Law" (Senior Lecturer)
employee
2 Dagestan State University (Buhgalterskiy uchet, Professor)
employee
The presented scientific article examines the role of innovation in ensuring the sustainable development of the region and increasing its competitiveness. The topic under study remains extremely relevant in the modern world, where various external and internal challenges are constantly facing, such as climate change, resource depletion, population growth, and increasing social inequality. This problem is becoming particularly important in the regional context, forcing regions to look for new ways of managing that meet modern requirements. The article analyzes the key aspects of the relationship between innovation processes and the sustainability of regional socio-economic systems. An approach to the formation of an innovative strategy of the region aimed at long-term development and strengthening of its competitive position at the national and international levels is proposed.
region sustainable development economy ecology social sphere innovation competitiveness
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