Sustainable Development of Industrial Spheres in the Region: Key Factors and Opportunities for Incentives in the Context of Digitalization

Abstract

Purpose The purpose of the research is to identify the key factors for the sustainable development of the industrial sectors of the region and the possibilities for stimulating these factors in the context of digitalization. Design/methodology/approach The systemic (multiple) dependencies of each of the indicators of sustainability of the industrial industries of the studied regions with the entire set of indicators reflecting the influence of digitalization factors are established using the regression analysis method. Based on the obtained multiple linear regression, a scenario analysis is carried out: the necessary combination of digitalization factors is determined, which is necessary to achieve each of the three priorities of sustainable development of industrial sectors of the region separately: increase in production, business profits and employment. After that, optimization is carried out: a combination of factors is determined, which allows you to simultaneously realize all three priorities. Findings On the example of the top 10 industrial regions of Russia, it has been proved that the key factors for the sustainable development of industrial industries in the region are the share of enterprises using electronic document management (should be upgraded to 16.8%), the share of enterprises using the Internet (should be upgraded to 67.9%), and the share of enterprises using special software tools for training personnel (should be upgraded to 94.5%). Originality/value It is justified that the management of these factors allows to significantly increase the stability of the development of industrial sectors of the region, increasing their production to 6.6% per year, profit to 1399.7% per year and employment to 6.3% per year, which can be achieved due to the general promotion of digitalization of industrial enterprises.