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September 2022 (published: 27.09.2022)
Number 3(50)
Home > Issue > Formation of intellectual environment of interaction between business
and state authorities in the implementation of ESG concept
Izmaylov M.K.
, Pupentsova S.V.
The relevance of the work is confirmed by the problems in the implementation of sustainable development goals that require special consolidation of the business sector and public financing strategies. The aim of the work is to develop proposals to improve the interaction of business and public authorities in the implementation of the ESG concept. The subject of the research – managerial relations arising in the process of forming the intellectual environment of interaction between business and public administration bodies in the implementation of the ESG concept. The object of the research - the intellectual environment of public-private partnership. Research methods: method of observation was used to summarize and describe the accumulated experience of domestic and foreign scientists and practitioners; method of generalization allowed to identify the lack of a unified approach to categorization and the need to create a favorable intellectual environment for effective interaction between business and public administration bodies in implementing the concept of ESG; method of abstraction was used to describe the structural and logical scheme of state-business interaction within the main components of the intellectual environment. The authors have conducted a comparative analysis of existing approaches and methods of innovation and investment support of sustainable development of territories. It has been marked those forms of interaction of business and politics in investment sphere, including realization of ESG concept, must have favorable intellectual environment, as it provides technological and innovation-oriented stable development of the state. The authors have developed proposals to improve the interaction between business and government agencies in the implementation of the ESG concept, characterized by a single digital platform with the possibility of attracting concessional financing for private investors and investors in public-private partnership projects.
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Keywords: public-private partnership, innovation and investment project, sustainable development of territories, intelligent environment, unified digital platform, environmental, social and corporate governance concepts.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
UDC 332.025:338.246.027.2
Formation of intellectual environment of interaction between business
and state authorities in the implementation of ESG concept
The relevance of the work is confirmed by the problems in the implementation of sustainable development goals that require special consolidation of the business sector and public financing strategies. The aim of the work is to develop proposals to improve the interaction of business and public authorities in the implementation of the ESG concept. The subject of the research – managerial relations arising in the process of forming the intellectual environment of interaction between business and public administration bodies in the implementation of the ESG concept. The object of the research - the intellectual environment of public-private partnership. Research methods: method of observation was used to summarize and describe the accumulated experience of domestic and foreign scientists and practitioners; method of generalization allowed to identify the lack of a unified approach to categorization and the need to create a favorable intellectual environment for effective interaction between business and public administration bodies in implementing the concept of ESG; method of abstraction was used to describe the structural and logical scheme of state-business interaction within the main components of the intellectual environment. The authors have conducted a comparative analysis of existing approaches and methods of innovation and investment support of sustainable development of territories. It has been marked those forms of interaction of business and politics in investment sphere, including realization of ESG concept, must have favorable intellectual environment, as it provides technological and innovation-oriented stable development of the state. The authors have developed proposals to improve the interaction between business and government agencies in the implementation of the ESG concept, characterized by a single digital platform with the possibility of attracting concessional financing for private investors and investors in public-private partnership projects.
Read the full article
Keywords: public-private partnership, innovation and investment project, sustainable development of territories, intelligent environment, unified digital platform, environmental, social and corporate governance concepts.
DOI 10.17586/2310-1172-2022-17-3-147-155