For citation:
Popov, E. V., Veretennikova, A. Yu. & Safronova, A. A. (2019). Assessment of Social and Innovation Projects of the Region. Zhurnal Economicheskoj Teorii [Russian Journal of Economic Theory], 16(1), 12-21
Abstract:
This study presents the results of the assessment of social and innovation projects of the region based on the author’s methodology of project assessment of social innovations. The purpose of the study is an empirical verification of the author’s evaluation method, which uses real social and innovative projects in the region as an example. The author’s methodology involves the use of an adapted McKinsey matrix, which factors in the criteria of project competitiveness and attractiveness. For each group of criteria, a scoring system for evaluating projects has been developed subject to the weighing factors for the importance of individual criteria and subsequent project placement in an adapted matrix to determine possible growth strategies for the analyzed projects. Projects of social and innovation activity of the region, which provide sufficient conditions for the implementation of modern social innovations with the use of advanced digital technologies, have been selected as the target of the research. Twenty social innovation projects in the Sverdlovsk region have been chosen for empirical research. The duration and areas of their implementation vary. Recommendations on the strategic development of social and innovative projects have been conceived based on the analysis. The academic novelty of the research lies in the empirical results of real social and innovative projects in the region of interest that ensure their comparability and validity of strategic decisions on the development of these projects. The theoretical relevance of the results may be found in expanding the theoretical and methodological apparatus of quantitative assessment of the development of social and innovative projects. The practical significance of the results centers on the rationale of the methodology for project evaluation of social and innovation activities of the region.
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