Developing the Approaches to Determining the Impact of Stakeholders on the Implementation of Regional Development Projects
Tretyak V. P., Kulyk D. Y.

Tretyak, Viktoriia P., and Kulyk, Dmytro Ye. (2023) “Developing the Approaches to Determining the Impact of Stakeholders on the Implementation of Regional Development Projects.” The Problems of Economy 3:149–156.
https://doi.org/10.32983/2222-0712-2023-3-149-156

Section: Regional economy

UDC 332.14-042.3:[330.117:330.161]

Abstract:
The article discusses the essence of the category of «stakeholder» and the development of approaches to determining the influence of stakeholders on the implementation of regional development projects. The process of organizing regional development with the involvement of stakeholders, the development of the interpretation of the category of «stakeholder» and their role, as well as approaches to determining the degree of their influence on the implementation of regional development projects are analyzed. It is defined that regional development projects have separate characteristics that vary depending on their directedness, direction, implementation period and level, and are designed to address a number of issues related to the development of a particular territory. It is defined that stakeholders are a dynamic category and, according to their role in the process of implementing regional development projects, can change over time or depending on various factors. According to the role and interests of stakeholders in the processes of formation, planning and implementation of development projects, they can be divided into separate groups, namely: local, economic, social, environmental, and international groups. Each individual group of regional development stakeholders performs a certain unique function in the process of implementing regional development projects, which is aimed at their implementation and achievement of the set goals, as well as the realization of the stakeholders’ own interests. Taking into account the specifics of different groups of stakeholders, a scheme of roles of specific groups of stakeholders in the context of regional development was built, which in the future will allow to provide a more open and comprehensive approach to planning and implementing regional development projects. The influence of stakeholders on the process of implementing a regional development project is constantly changing and is measured by three main attributes, namely: power, interest, and dynamics. The role of stakeholders in the regional development process is to ensure a broader and more diverse approach to the planning and implementation of regional development projects. This is an important aspect, as taking into account the different voices, proposals and needs of stakeholders contributes to the successful achievement of the set goal. Thus, it will allow adapting the entire process of implementing regional development projects in accordance with new circumstances and challenges, which will contribute to the achievement of the goal.

Keywords: regional development projects, stakeholders, interested parties, regional development, territory, influence, interests, interaction, management.

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Tretyak Viktoriia P. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Management and Administration, Educational and Research Institute «Karazin Business School» of V. N. Karazin Kharkiv National University (1 Myronosytska Str., Kharkiv, 61002, Ukraine)
Email: v.tretiak@karazin.ua
Kulyk Dmytro Ye. – Applicant, Department of Management and Administration, Educational and Research Institute «Karazin Business School» of V. N. Karazin Kharkiv National University (1 Myronosytska Str., Kharkiv, 61002, Ukraine)
Email: dkulik912@gmail.com

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