Private Educational Institutions as a Foundation for Developing St. Petersburg’s Human Potential in the Context of a Knowledge-Driven Economy

This study is dedicated to substantiating strategic target priorities in developing the scientific and educational potential of St. Petersburg with due regard to prospective trends of innovative growth and a knowledge-driven economy. Aim. This study aims to structure a socioeconomic study of the strategic management of a region (city) in the context of innovative growth. It aims to determine specific aspects of the functional role of private education in the paradigm of a knowledge-driven economy. Tasks. This study assesses the stage of evolution of economic management development in the Russian socioeconomic space in the context of global innovative growth; examines instrumental approaches to the formation of policy and strategy for building a knowledge-driven economy; and specifies regulatory mechanisms for stimulating innovative entrepreneurship based on the production, transfer, and transformation of knowledge. Methods. This study uses general methods of scientific cognition and secondary analysis of statistical data to examine the policy of building a knowledge-driven economy in a metropolis in various aspects, identify trends in the evolution of the education system as a knowledge transfer institution, and determine directions for future development. Results. Setting a strategic objective of local development through the example of St. Petersburg as territorial positioning (region, metropolis) in the context of global innovative growth and a knowledge-driven economy involves determining context, analyzing potential, and defining look-ahead objectives. Aknowledge-driven economy relies on the production, transfer, and transformation of knowledge, which is personal by nature, with an individual as its bearer. Therefore, human capital and individuals as its bearers are the key subject matter in the analysis of economic knowledge. This article views the necessary conditions for the development of human capital in St. Petersburg as the key prerequisite for the formation of a knowledge-based economy in the city. It gives due regard to the adaptive capability of private educational institutions, focusing on satisfying the need of the labor market for the required competences. Conclusions. Studying knowledge-based economies and measures for the formation of local institutions and innovative growth infrastructure makes it possible to identify specific aspects of the role of private education in a knowledge-based economy and the problems of encouraging entrepreneurship. Furthermore, it provides insight into the instrumentalization of private education for ensuring favorable results of innovations and diversification.

инновации, инновационный рост, человеческий капитал, система образования, экономика знаний, компетенции, innovations, innovative growth, human capital, education system, knowledge-driven economy, competences

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