Abstract
Sustainable development for transition economies is an opportunity to accelerate and complete socio-economic transformations and at the same time an additional responsibility in situations of instability and uncertainty. The chances for strengthening sustainability are growing within the organized innovation space, which makes it possible to model scenarios of ecologically oriented development and, with the help of state and international support, to start their implementation. The paper aims to analyze the possibilities and directions of creating eco-industrial parks in a transition economy. It uses an innovative helix model in its triple, quadruple and quintuple variations for functioning and sustainable development of industrial parks in Ukraine.The study adopts a descriptive comparative analysis of data on the planning and implementation of economic, primarily environmentally relevant, activities. Based on the analysis and description of exogenous factors, in particular within GEIPP, a SWOT table on the potential of eco-industrial parks was formed. The directions of development of industrial, technological, and scientific parks in Ukraine are determined using the quintuple helix model on the plane of “knowledge-innovation”, in particular on quadruple helix transition to sustainability through the simultaneous development of socially oriented and environmental activities. Within the legislation, it is proposed to approve a sustainable form of artificially separated innovation parks, namely the “eco-industrial park”. One of the conditions for advanced sustainable development in Ukraine is the creation of a national program to support the transformation of innovation parks into their environmental versions 2.0 and 3.0, as well as investing in greenfield eco-industrial parks.
Highlights
The concept of sustainable development is global and focused on achieving its goals by each country, regardless of its economic development
The example of eco-industrial parks demonstrates the efforts of transition economies to accelerate sustainable development through the organization of space for innovations within a combination of economic, social, and environmental aspects taking into account the needs of future generations
On the example of the ecologically-oriented activity of industrial parks and the formation of eco-industrial parks in Ukraine, the paper analyzes the features of sustainable development of the transitive economy
Summary
The concept of sustainable development is global and focused on achieving its goals by each country, regardless of its economic development. The example of eco-industrial parks demonstrates the efforts of transition economies to accelerate sustainable development through the organization of space for innovations within a combination of economic, social, and environmental aspects taking into account the needs of future generations. The creation of these parks within the concept of sustainable development pursues primarily economic goals. Such parks require monitoring of environmental pollution within their areas, in practice, this condition is more formal than motivational. This is usually the case in developing and transition economies, where industrial parks are mainly concerned with stimulating the development of entrepreneurship and industry by attracting additional investments (UNIDO, n.d.b). Industrial parks in economically developed countries have evolved into their environmentally relevant version, namely eco-industrial parks (EIP) (UNIDO, n.d.c), which is characterized by environmental friendliness and thrifty use of natural resources in addition to economic aspects involving organizational and technological innovations, as well as improved communications between businesses and local communities
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
