Investment attractiveness of enterprise and sustainable development of industrial region

Abstract

In accordance with the Russian Federation consistent transition to sustainable development, which material basis consists in not so much quantitative but rather qualitative transformations in the factors of real economy production, the authors hereby focus on the regional aspect of territorial entity environments affecting favorably the investment attractiveness of industrial enterprises. Special attention is paid to the fact that following the sustainable development paradigm implies a balanced solution of economic, social and environmental problems. The conceptual considerations presented are taken as the basis for an original universal method to diagnose and assess restrictions, threats, and challenges of an economic, administrative and legal, resource and technical, social and environmental nature that occur at the regional level and affect the investment attractiveness of enterprises. In practice, the approach considers the diagnostics possibility to develop, firstly, specific measures to offset or reduce the negative impacts determining the investment attractiveness of regional investment objects and, secondly, motivational and stimulating measures to resolve the conflicts arising due to environmental and social restrictions on economic activity in order to ensure, as we move towards sustainable development, a balanced solution to three tasks: ensuring economic growth, achieving social progress, and improving the quality of the environment.