BIG DATA IN SUSTAINABLE REGIONAL DEVELOPMENT: THE DIGITAL FUTURE OF SMART REGIONS

Authors : Serhii SUSHCHENKO, Trunina Iryna, Khovrak Inna

Pages : 116-123

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Publication Date : 2019-08-31

Article Type : Research Paper

Abstract :Purpose – The idea of sustainable regional development is a well-known concept in the EU, enshrined in official documents, forms the basis of local policies and is widely used in practice. At the same time, decentralization processes are taking place in Ukraine, which enhances not only local authorities` ability to define development priorities but also increases the responsibility for achieving results. Therefore, the purpose of this paper is to investigate the strategic role of Big Data in supporting sustainable regional development. Methodology – The authors conduct an analysis of the academic literature about sustainable regional development highlighting the strategic role of Big Data. The authors also use a comparative analysis of regions by the completeness of providing information on official sites of regional state administrations. Conclusions – This research paper has important value by analyzing the strengths and weaknesses of the local authorities, providing useful information for ensuring sustainable regional development. 
Keywords : Sustainable Development, Big Data, Local Authorities, Smart Region, Strategic Priorities