Social and economic development – basis of investment attractiveness of the region

A theoretical analysis of the concept of investment attractiveness as a tool for regional socio-economic genesis of subjects is carried out. The purpose of this study is to form a methodological toolkit that allows identifying the level of meso-territorial development based on key factor characteristics with the definition of the relationship of investment attractiveness with the scientific component of organisations in various sectors of the national economy. The author’s vision of the essence of the concept of investment attractiveness of a region is proposed, which is not only based on the use of resources and potential of territories, but also takes into account the relationship with factor characteristics. The author has calculated the integral index of diagnostics of the investment environment in the spatial aspect with the distribution of regions into groups, considering the economic component. A polygon of economic forces for the investment attractiveness of regions is built on the materials of the Volga Federal District, allowing a visual study of the entities under consideration by the corresponding level of economic development, taking into account the threshold values defined by the author. An economic and mathematical model had been developed that helps forecasting the volume of attracted investments in the medium and long term, which allows not only to take into account the resource component of meso-territories, but also to determine the relationship between factor characteristics and the resulting variable.

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