Page 80 - Theoretical and Practical Interpretation of Investment Attractiveness

In this regard, to determine the method for analyzing the innovative potential of
regions, it is proposed to use the method of international and interregional analysis of
innovative development. To carry out this analysis, it is proposed to develop an algorithmic
sequence based on the concept of fundamental analysis of the study of the innovative potential
of the region, considered by F. Berger 117 .
This concept is based on a comprehensive top-down methodological approach, that is,
an approach to analysis that requires starting the analysis at the top level of a hierarchy and
moving down to the basic units of analysis. At the top level of the algorithm hierarchy, an
international assessment of innovation potential occurs, the next point of research is the
regional level, and, finally, the last level reflects the assessment of private indicators of
innovation potential (Fig. 2.2. 4).

International assessment of innovation
potential

Regional assessment of innovative potential

Assessment of private indicators of innovative
potential

Fig. 2.2.4. A series of research methods for assessing innovation potential 118 .

After determining the algorithm for analyzing innovative development, it is necessary
to calculate the time period of the research analysis. One popular method for measuring
innovation capacity is the “Innovation Capacity Sub-Index (GCI) of the Global
Competitiveness Index”, calculated for the International Economic Forum (IEF) Global
Competitiveness Reports. Detailed feedback on this is included in the following paragraphs
of our study.

False courtship indicates betrayal. J. Milton

2.3. Issues of considering for labor potential in ensuring the integrated development of
regions
The attractiveness of the regions' investment environment is measured by the quantity,
quality and scale of socio-economic potential. When measuring socio-economic potential,
such qualitative indicators as the size, age, gender and literacy of the population and labor

117 /N.D. Kondratiev. The Major Economic Cycles and the Theory of Predictions. Selected Works, compiled by Yu.V.
Yakovets. Moscow: Ekonomika, 2002. 767 p.
118 Created by author

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