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Trends and Patterns of the Impact of the Economic Potential Implementation on the Development of Regions in the Conditions of the Creative Economy Formation

Author

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  • Khrushch Nila

    (Doctor of Economic Sciences, Professor, Khmelnytskyi National University, 11 Instytutska Str., Khmelnytskyi, 29016, Ukraine)

  • Forkun Iryna

    (PhD in Economics, Associate Professor, Khmelnytskyi National University, 11 Instytutska Str., Khmelnytskyi, 29016, Ukraine)

  • Kravchyk Yurii

    (PhD in Economics, Associate Professor, Khmelnytskyi National University, 11 Instytutska Str., Khmelnytskyi, 29016, Ukraine)

  • Bordanova Lyudmila

    (PhD in Economics, Lecturer, National Technical University of Ukraine, 37 Peremohy Avenue, 03056, Kyiv, Ukraine)

  • Chenash Volodymyr

    (PhD in Economics, Associate Professor, Khmelnytskyi National University, 11 Instytutska Str., Khmelnytskyi, 29016, Ukraine)

Abstract

The article is devoted to the identification and study of the leading trends and patterns of influence of the realization of economic potential on the intensification of the development of the regional space in the conditions of creative economy formation. The article identifies and characterizes the stages of transformation of the content and main components of economic potential based on the study of socio-economic development trends, which were accompanied by the transition from pre-industrial to industrial and post-industrial development. It is proved that the economic potential has gained new significance as a result of the established transformations, and it is found that against the background of the importance of the natural component of the potential during all selected periods, there are new elements and their significance in modern conditions. It is established that in the process of forming and exercising influence on the intensification of regional space development, economic potential as a complex system containing a number of elements and connections between them, acquires such properties as a synergistic effect, and feedback is established, without whose effective existence is impossible.

Suggested Citation

  • Khrushch Nila & Forkun Iryna & Kravchyk Yurii & Bordanova Lyudmila & Chenash Volodymyr, 2022. "Trends and Patterns of the Impact of the Economic Potential Implementation on the Development of Regions in the Conditions of the Creative Economy Formation," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 44(2), pages 159-166, June.
    • Handle: RePEc:vrs:mtrbid:v:44:y:2022:i:2:p:159-166:n:9
    DOI: 10.15544/mts.2022.16
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    References listed on IDEAS

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    1. Petra Pártlová & Zuzana Dvořáková Líšková & Miroslav Felcan & Jarmila Straková & Jan Váchal & Jozef Polomský, 2020. "New Approach to determining the economic potential of rural area on the example of the South Bohemian region of The Czech Republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 914-931, December.
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    More about this item

    Keywords

    economic potential; economic development; regional space; region; creative economy;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R19 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Other

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