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Developing a Strategy for Managing Investment Policy in Industrial Parks: A Causal Approach
Sorokin S. A.

Sorokin, Stanislav A. (2025) “Developing a Strategy for Managing Investment Policy in Industrial Parks: A Causal Approach.” Business Inform 12:217–225.
https://doi.org/10.32983/2222-4459-2025-12-217-225

Section: Investment Processes

UDC 338.45:332.14:330.322

Abstract:
The aim of the article is to deepen the scientific and practical aspects of developing a strategy for managing investment policy in industrial parks based on the integration of technology transfer, business incentives, and industrial partnerships as interconnected elements of a unified strategic mechanism using a causal approach. It is substantiated that the dominance of traditional factor-based approaches in scientific and applied research on investment policy limits the potential for systematic and predictive management of investment processes, as it does not account for the cause-and-effect relationships among elements of the innovation and institutional environment. The application of a causal approach to developing a strategy for managing the investment policy of industrial parks has been proposed, which allows the integration of technology transfer, managerial innovations, institutional business stimulators, and industrial partnerships within a single strategic framework. It has been demonstrated that technology transfer acts as the primary causal driver that initiates the development of managerial innovations and provides an innovative basis for investment decisions. The role of business stimulators has been identified as that of an institutional stabilizer, ensuring legitimacy, predictability, and the solidification of managerial decisions in the investment domain. The significance of industrial partnership has been substantiated as a mechanism for amplifying investment effects and transitioning from individual investment projects to systemic regional development. A causal model for shaping the management strategy of the investment policy of industrial parks has been developed, which reflects the sequence of transforming innovative, institutional, and partnership factors into sustainable investment outcomes. The practical significance of the study lies in the possibility of using the proposed model as a methodological basis for developing and adjusting investment strategies of industrial parks, taking into account regional characteristics and economic development priorities.

Keywords: strategy, management, investment policy, industrial park, causal approach, regional development, investment attractiveness.

Fig.: 1. Bibl.: 14.

Sorokin Stanislav A. – Postgraduate Student, Department of Economics and Business Administration, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]

List of references in article

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Slastianykova A. I. & Sorokin S. A. (2023). Biznes-stymuliatory v ekonomichnomu seredovyshchi: aktualnist instytutsii yak fenomena. Upravlinnia rozvytkom ekonomichnoho seredovyshcha v umovakh hlobalnykh transformatsii: kol. monohr. [Business stimulators in the economic environment: the relevance of the institution as a phenomenon]. Vydavnytstvo Ivanchenka I. S. https://doi.org/10.33296/ecouipa2023
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