Conceptual foundations of sustainable development of territorial-spatial entities

Abstract

The need to form mechanisms for ensuring the sustainable functioning and development of regional economic systems causes a change in the forms of organization and integration of production on an innovative basis. This is becoming a priority task in conducting scientific research in the field of organizing the activity of territorial-spatial entities (TSE), assessing and monitoring the sustainability of their development in a strategic terms. At the same time, this can be realized only by determining the vector of sustainability in the presence of risk factors of the external environment and development trends of both TSE and the region’s economy as a whole. In this regard, in the article, in the context of the innovative development of regional economic systems, the conceptual foundations of ensuring the sustainability of territorial-spatial entities are considered as forms of the integration of industries, focused on the creation of innovation of the value of products (services).