ECONOMIC SECURITY AND INNOVATIVE COMPONENT OF A REGION: A COMPREHENSIVE ASSESSMENT

This article is devoted to designing a comprehensive assessment of the level of economic security of a region, taking into account its innovative component. The relevance of the study is supported by the need for a more detailed consideration of certain aspects of economic security to improve the efficiency of the functioning of the subjects of the Russian Federation and create favourable conditions for their economic development from a strategic perspective. The goal of this article is to determine a comprehensive assessment of the level of economic security of the subjects belonging to the Northwestern Federal District of the Russian Federation, as well as analysing the contribution of each region to ensuring national and economic security. To design a comprehensive assessment of the level of economic security of a region, it is proposed to average the normalized values of all indicators employing the simple average method. The method used is the basis of the rating approach of the European Commission employed for designing a comparative assessment of the level of innovative development of the EU regions, which makes it possible to adapt it to the Russian conditions, taking into account the specifics of the domestic economic system. As a result of the study, the criterion boundaries of the integral indicator for assessing the level of economic security were established, which allowed comparing the territorial entities within the region under consideration and identifying the level of secure development of the territory in the economic sphere. The result of the implementation of the proposed methodology was an assessment of the economic security level of regions. The proposed methodology for a comprehensive assessment of the economic security of the territory is characterized by efficiency, simplicity, and accessibility and also takes into account the innovative aspect of the development of a territory. The results obtained enable one to use the developed methodology to solve a wide range of issues to ensure the economic security of a region.