Institutional support for the development of eco-industrial parks in the conditions of the circular economy formation taking into account world experience

Author:

Pohrebniak Anna1ORCID,Shevchuk Nataliia2ORCID,Pereverzeva Svitlana3ORCID,Redko Kateryna4ORCID,Tymoshenko Andrii5ORCID

Affiliation:

1. Department of Economics and Entrepreneurship, National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”.

2. Department of Economics and Entrepreneurship, National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”.

3. General Secretary of the International Chamber of Commerce.

4. er, State Institution «G. M. Dobrov Institute for Scientific and Technological Potential and Science History Studies NASU», Center for Innovations and Technological Development.

5. Department of Finance, Accounting and Taxation, Private Higher Education Institution «European University».

Abstract

The article aims to substantiate the principles of institutional support for the development of eco-industrial parks in the conditions of formation of circular economy taking into account, the world experience. The methodological basis of the study is a systematic approach. It is based on the fact that the institutional support for the development of eco-industrial parks orients the actions of the authorities at different levels to establish certain norms, rules, restrictions, the order of their establishment and fulfillment in terms of achieving the goals of sustainable development, with interaction with the subjects of territorial communities. It is concluded that institutional support, should provide effective assistance in the development of public policies that underpin the eco-industrial parks, ensuring compliance with the rights and freedoms of business entities. In addition, the basis of institutional support for park development is based on a systemic approach, which is proposed in the form of a recurrent functional relationship. Measures aimed at ensuring institutional support for these parks are highlighted.

Publisher

Universidad del Zulia

Subject

General Economics, Econometrics and Finance

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