Enterprise economics and public effects during implementation of the industrial park project.

Abstract

Objective: to justify the purposeful development of industrial parks on the basis of large industrial enterprises as a tool for territorial development of inter-firm production networks; to determine the main directions of the functioning of the industrial parks; to identify the factors and to develop the principles of functioning of industrial parks. To propose a methodological approach for the establishment of industrial parks and the choice of key residents of industrial parks and to validate the methods of monitoring the effectiveness of their functioning. Methods: systemic and economic-mathematical analysis, systematization, analysis and expert judgement. Results: The calculations indicate that some major projects in the field of logistics, which are in dire need of the Nizhniy Novgorod region from the point of view of the regional development strategy, are commercially ineffective if realization by the business, outside the framework of industrial and logistics parks. Effective implementation of infrastructure projects leads ultimately to the benefit of all its participants, including the state (in our case - Nizhny Novgorod region as the Russian Federation subject). Scientific novelty: The development of theoretical frameworks and methodological tools by implementation of social effects of the industrial parks formation, which are a combination of economic and organizational tools and relationships to enhance the integration of large engineering companies and industrial enterprises in a single production-technological network. Practical value: The proposed methods for measuring the effects allow to make cost-effective decisions when choosing the strategy of economic development of the region. Practical three-year experience of the industrial park project implementation proves the positive social effect.