Managing the Development of Innovative Regional Industries Using Field of Forces Analysis

This study examines the management tools of innovative industries in the Rostov Region economy, based on force-field analysis. The paper aims to identify the effective mechanisms and tools for managing the development of innovative sectors in the Rostov Region. We assume that producing intellectual factors is a synergetic and dynamic process that requires analyzing the susceptibility of the economic system to innovation. This research is based on the cognitive human capital theory, evolutionary economic theory, and political-economic analysis. The latter allowed us to determine the main forces of innovative development and the critical and key factors for the success of the innovative development within the region. Based on cognitive human capital theory and the expert survey method, we present a “force-field” model for the innovative development of the region. The paper builds a logical diagram for the dependence of the management strategy on the subject potential. This study can become a foundation for managing complex and unpredictable socio-economic systems.