Productive forces development and regional economy

Use of public-private partnership for the implementation of innovative urban policy and formation of the adaptive territory

Economic Annals-XXI

Economic Annals-ХХI: Volume 186, Issue 11-12, Pages: 124-133

Citation information:
Vertakova, Yu., Babich, T., & Lebedenko, O. (2020). Use of public-private partnership for the implementation of innovative urban policy and formation of the adaptive territory. Economic Annals-XXI, 186(11-12), 124-133. doi: https://doi.org/10.21003/ea.V186-14

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Yulia Vertakova
D.Sc. (Economics),
Professor, Head,
Department of Regional Economics and Management,
Southwest State University
94, 50 Let Oktyabrya Str., Kursk, 305040, Russian Federation
vertakova7@yandex.ru
ORCID ID: https://orcid.org/0000-0002-1685-2625

Tatyana Babich
PhD (Economics),
Associate Professor,
Department of Regional Economics and Management,
Southwest State University
94, 50 Let Oktyabrya Str., Kursk, 305040, Russian Federation
tanybabich@mail.ru
ORCID ID: https://orcid.org/0000-0002-6598-9054

Olga Lebedenko
PhD Student (Economics),
Department of Regional Economics and Management,
Southwest State University
94, 50 Let Oktyabrya Str., Kursk, 305040, Russian Federation
olgalebedenko22@gmail.com
ORCID ID: https://orcid.org/0000-0002-7102-294X

Use of public-private partnership for the implementation of innovative urban policy and formation of the adaptive territory

Abstract. The article substantiates the use of public-private partnership (PPP) in order to implement the innovative urban planning policy and create the adaptive territory aimed at the implementation of modern realities of development in the context of technological and social transformation of the economy. The authors of the paper have carried out a comparative analysis of the peculiarities of the implementation of the urban planning policy in individual countries, which made it possible to determine its main innovative directions in modern conditions and form a conceptual basis for the implementation of an innovative urban planning policy based on PPP, a distinctive feature of which is the integrated consideration of factors affecting urban planning activities, as well as the orientation of innovative projects towards the implementation of the adaptive territory approach that meets modern requirements and gives the greatest synergistic effect during its implementation. A comparative analysis of the use of public-private partnership in urban planning activities in individual countries of the world has been carried out. As a result, an expert analysis methodology for the compliance of the PPP project with the goals and principles of the adaptive territory approach has been substantiated, based on the use of identified priorities for territorial development, a procedure for assessing the contribution of PPP subjects to solving problems of urban planning and calculating a compliance ratio. The proposed methodology makes it possible to comprehensively evaluate the results of the implementation of PPP projects both at the stage of completion and at the stage of project operation.

Keywords: Socio-economic Development; Economic Policy; Innovative Spatial Development; Public-Private Partnership; PPP; Adaptive Territory

JEL Сlassіfіcatіon: O20; O38; O57

Acknowledgements and Funding: The study was supported by the grant of the President of the Russian Federation for state support of the leading scientific schools of the Russian Federation NSh-2702.2020.6 «Conceptual foundations of a new paradigm of economic development in the era of technological and social transformation».

Contribution: The authors contributed equally to this work.

DOI: https://doi.org/10.21003/ea.V186-14

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Received 14.08.2020
Received in revised form 3.10.2020
Accepted 16.10.2020
Available online 28.12.2020
Updated version of the paper as of 25.02.2021

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