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Smart territories as a driver for the transition to sustainable regional development and green economy

Author

Listed:
  • Anastasia Y. Nikitaeva

    (Southern Federal University, Rostov-on-Don, 344002, Russia)

  • Olga A. Chernova

    (Southern Federal University, Rostov-on-Don, 344002, Russia)

  • Lesego Molapisi

    (Botswana Institute for Development Policy Analysis, Plot 134 Finance Park, Gaborone, Botswana)

Abstract

Relevance. Even though there is a general agreement regarding the importance of the transition to a green economy, this process still has a long way to go, which makes the research on the role of smart territories particularly relevant. Research objectives.The study aims to describe the opportunities and areas of digital transformation of territories with a focus on the transition to a green economy. Data and methods. The research methods include content analysis, case study, mapping, and matrix analysis. The data sources were scientific articles presented in the Scopus database, materials from the Ministry of Finance and Economic Development, the Ministry of Mineral Resources, Green Technologies, and Energy Security, materials from the Central Bureau of Statistics of Botswana, the Botswana Energy Company. Results. Using the case of Botswana, the study showed that the establishment of a smart territory is the core mechanism of a transition to a green economy. Smart territories help regional governments to reach the sustainable development goals by using cutting-edge digital technologies. Conclusions. The article proposes a new approach to analyzing the transition to a green economy. This approach can also be applied to reconsider the composition and roles of the drivers of territorial development. The proposed methodology can be used to create a smart contour for the development of a given territory, taking into account the region's industrial specialization, and to identify the most promising areas and "bottleneck".

Suggested Citation

  • Anastasia Y. Nikitaeva & Olga A. Chernova & Lesego Molapisi, 2022. "Smart territories as a driver for the transition to sustainable regional development and green economy," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 8(2), pages 120-134.
  • Handle: RePEc:aiy:journl:v:8:y:2022:i:2:p:120-134
    DOI: https://doi.org/10.15826/recon.2022.8.2.010
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    Citations

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    Cited by:

    1. Pingping Wang & Chaozhu Li & Chenghao Huang, 2023. "The Impact of Digital Village Construction on County-Level Economic Growth and Its Driving Mechanisms: Evidence from China," Agriculture, MDPI, vol. 13(10), pages 1-14, September.

    More about this item

    Keywords

    smart territory; economic development; green economy; smart energy; digital maturity; sustainable development;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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