MODERNIZATION OF INSTITUTIONAL ENVIRONMENT AS THE BASIS OF FORMATION OF REGIONAL COMPETITIVE EDGE

Author:

Butko Mykola , Chernihiv National University of Technology, Chernihiv, Ukraine

Language: ukrainian

Annotation:

Investigated genesis existing theoretical approaches to institutionalism, its impact on the use of the competitive position of regions. To overcome institutional traps the necessity of forming institutions in the field of cross-border cooperation and European integration, inter-regional relations. Outlined directions of innovation accelerated development of infrastructure, creation of IP market, improving the mechanisms of formation of the state order, access to resources of international financial institutions in a decentralized management functions.

Key words:

institutional environment, regional competitive advantages, investment attractiveness, cross-border cooperation, decentralization of administrative functions

References:

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