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Journal section "Innovative development"

Shared Values in the Formation of a Modern Techno-Economic Paradigm

Romanova O.A., Akberdina V.V., Bukhvalov N.Y.

3 (45), 2016

Romanova O.A., Akberdina V.V., Bukhvalov N.Y. Shared Values in the Formation of a Modern Techno-Economic Paradigm. Economic and Social Changes: Facts, Trends, Forecast, 2016, no. 3 (45), pp. 173-190. DOI: 10.15838/esc.2016.3.45.10

DOI: 10.15838/esc.2016.3.45.10

Abstract   |   Authors   |   References
The article presents the evolution of the concept of techno-economic paradigm. It points out that the concept of transformative investments (impact investing) has a significant impact on the formation of a modern techno-economic paradigm. In the framework of this concept, “shared values” are considered as a central element in the development strategy of any state. The ideology of shared values is based on pragmatic principles that create economic value to meet the interests of society. It is based on “three pillars of sustainable development”: planet, people and profit. The authors identify three main types of impact investing – responsible investing, development investing, localizing investing. The paper highlights the most important areas of impact investing and substantiates the expediency of promoting the ideas of impact investing at the level of individual business entities, which formulate a specific approach to the management of socio-economic systems of the micro-level, the authors call this approach “impact management”. The ideas of impact management as a management technology designed to stimulate the development of shared values and increase the interest of each participant in the overall final results were tested at Motovilikhinskiye Zavody PJSC – one of the largest enterprises of the military-industrial complex. It is proved that the idea of impact investing is in line with the ideas of inclusive development, which allowed the authors to establish the essential similarity of these processes. The paper introduces the notions of “structural inclusion ” and “spatial inclusion”. Some elements of spatial inclusion are shown on the example of the Sverdlovsk Oblast

Keywords

agglomeration, techno-economic paradigm, transformative investments (shared values), inclusive development, structural inclusion, spatial inclusion, impact management

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