Academy of Accounting and Financial Studies Journal (Print ISSN: 1096-3685; Online ISSN: 1528-2635)

Abstract

Regional Innovation Systems: Competitive Regulation and Financial Dimensions

Author(s): Abdullo Mirazizov, Ilmira Radzhabova, Nurali Rasulov, Minisa Abdulaeva, Mashrab Faizulloev, Ikhtiyor Ashurov, Haydar Rahmatzoda

Current national economic development directly depends on regional business life. The problem is that in most cases, regional economy of developing countries is not industrially advanced or attractive to investors. Thus, the purpose of this research is to consider the aspects of regional competitive regulation. The authors put an emphasis on the fact that there should be first the information transparency increased and a favorable investment environment created. Recommendations on the industry-specific progress can be useful for creation of regional development programs.