Region Competitive Advantage Management on The Basis of a Compromise Search Between System and Selective Components of Industrial Policy

The study sets the objectives for the development of the territorial industrial policy methodology based on the study of competitive positions by economic activity types, the determination of core economic activities and the diagnosis of their competitive advantages. The conduct of industrial policy is accompanied by the search for a compromise between the social and economic efficiency of measures to increase the competitiveness of industries and the territory. A pressing issue during the selective industrial policy is the justification of priority (target) industries, which can serve as a source of imperative strategic advantages of the territory in the future. A rather complicated methodological task is the assessment of competitive advantage management effectiveness, since the realization of managerial impacts is accompanied by obtaining indirect and related results that require additional consideration and evaluation. This applies primarily to the problem of industrial policy development on the basis of the economic complex structural modernization, which involves a qualitative change in the industrial profile and entails the preparation of production factors and infrastructure support. Such decisions often lead to unforeseen social reactions, the consequences of which is not always possible to predict due to the lack of a full theoretical justification and reliable methodological tools. The study used the experience and the knowledge gained in the course of a previously undertaken series of projects relating to the evaluation of the Republic of Tatarstan economy effectiveness in 2005–2011.