Information Communication Component of regional eco-economic space modernization: institutional conditions and development factors

Recognizing the increasing global role of information communication technologies (ICT), the development and implementation of ICT affects economic growth and results in positive changes in regional eco-economic development. Despite the rapid development of the ICT industry over the past decade, Russia has fallen behind other developed countries and is currently stagnating. Aim. This study aims to identify major problems of ICT development in Russia that resulted in its stagnation. Tasks. This study compares foreign and Russian experience in the creation of institutional conditions for ICT development and substantiates the necessity for institutional reforms. Results. This study offers reasons for the slump in ICT development and analyzes foreign and Russian experience in the creation of institutional conditions and factors for the development of the ICT component of regional eco-economic space modernization. Moreover, it examines the effect of ICT on regional eco-economic development and substantiates priority directions toward the strategy of regional eco-economic development based on the principles of green growth. Therefore, institutional changes and government policy are substantiated, which could enhance the competitiveness of the ICT industry and improve its innovative investment activity. In particular, focus is placed on one of the crucial problems of effective ICT development, i. e., educational reforms aimed at satisfying the market’s increased demand for qualified creative experts.

institutional conditions, information communication technologies, eco-economic space, green economy, green growth, институциональные условия, информационно-коммуникационные технологии (ИКТ), эколого-экономическое пространство, «зеленая» экономика, «зеленый» рост

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