Forming an organizational and economic mechanism for developing a region’s scientific and technological potential on the example of the Kirov Region

In the context of modern economic challenges, increasing a region’s scientific and technological potential is determined as a strategic imperative that ensures sustainable economic growth and achieving technological sovereignty. This dependence actualizes the need to design and implement an effective organizational and economic mechanism for developing this potential. The purpose of the study is to conceptualize the content of the organizational and economic mechanism for developing a region’s scientific and technological potential and to assess its functional role in ensuring the scientific and technological development of the Kirov Region. The methodological foundation of the research has been formed by the system-institutional approach and synthesizing methods of system and comparative analysis, scientific synthesis, and content analysis. The scientific novelty of the research lies in clarifying the definition of the organizational and economic mechanism for developing a region’s scientific and technological potential, as well as in formalizing its structure and system-forming elements. The organizational and economic mechanism for developing a region’s scientific and technological potential has been proposed to be considered as a system of tools and institutions that aims to develop scientific and technological potential and create a sustainable positive effect across a particular region through coordinating scientific, educational, and research institutions, government and business, as well as creating, disseminating, implementing, and commercializing new knowledge and technological achievements. The structural and functional decomposition of the mechanism has been carried out, within the framework of which its key components have been isolated and systematized into functional blocks: organizational (regulatory framework, institutional subsystem, including higher education organizations and research institutes, as well as program and strategic documents) and economic (infrastructure facilities such as technoparks, a complex of financial instruments, as well as programs for developing and retaining human resources). The issues of implementing the organizational and economic mechanism for developing the scientific and technological potential of the Kirov Region have been identified, and measures have been proposed to solve them. The study results can be useful for developing regional strategies and programs aimed at forming an effective mechanism for developing the region’s scientific and technological potential, as well as for improving the instruments of its state support.