Optimization of regional development under limited powers of the nature‐regenerating and innovation sectors

Optimization of regional development under limited powers of the nature‐regenerating and innovation sectors

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Article ID: iaor20117947
Volume: 72
Issue: 7
Start Page Number: 1364
End Page Number: 1370
Publication Date: Jul 2011
Journal: Automation and Remote Control
Authors: ,
Keywords: economics, simulation: applications, optimization, innovation, control
Abstract:

Consideration was given to optimization of the regional development strategy with the use of an aggregated ecologo‐economic model allowing for the constraints on the nature‐regenerating and innovation powers. The control actions were represented by presumably unlimited investments providing as the result a turnpike solution meeting the stable development criterion. Realization of the solution was described, and a numerical example presented.

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