The formation of theoretical and methodological foundations for the study of investment policy

Abstract

Background. The state and prospects of the investment system of the Russian Federation, which are causing increasing concern among the expert community, require a deep rethinking of approaches to its management, to the development of the theory and practice of functioning of its participants and indicate the need to develop a new main di-rection, following which would allow us to move to such a qualitative state, which will be characterized by high competitiveness in the market investment resources. This, in turn, requires the development of a guiding methodological line, the understanding of which is possible through a critical analysis of the currently proposed approaches to the study of the theory and practice of investing. Materials and methods. The methodological basis of the study was the source-based method, with its inherent elements of a phenomenological ap-proach, while the basic principles of the study were: intuitiveness, thoroughness, descrip-tiveness, as well as bringing the object to a specific kind of phenomenon of conscious life. Results. A methodological basis for the study of regional investment systems is proposed in the form of a neoinstitutional system-quantitative approach, based on a dialectical analysis of the cause-and-effect relationships of the object of research. Conclusions. The formed methodological line makes it possible to identify the conditions for the development of in-vestment systems, build their predictive models, and develop practical recommendations for improving the investment policy of individual participants.

Keywords

• methodology
• investment attractiveness
• investment policy
• institutional ap-proach
• system approach