Legal regulation and analysis of management effectiveness in the field of international investment cooperation in capital market in free economic zones of neighbouring countries

This article is a comprehensive study of international investment cooperation and concept of the effectiveness of innovation in free economic zones (hereinafter referred to as FEZ) and their role in the modern world. The FEZ represent new centres of competence in various socio-economic and industria...

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Main Authors: E. V. Bezikova, A. Yu. Mikhaylov
Format: Article
Language:Russian
Published: State University of Management 2025-04-01
Series:E-Management
Subjects:
Online Access:https://e-management.guu.ru/jour/article/view/504
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author E. V. Bezikova
A. Yu. Mikhaylov
author_facet E. V. Bezikova
A. Yu. Mikhaylov
author_sort E. V. Bezikova
collection DOAJ
description This article is a comprehensive study of international investment cooperation and concept of the effectiveness of innovation in free economic zones (hereinafter referred to as FEZ) and their role in the modern world. The FEZ represent new centres of competence in various socio-economic and industrial spheres, contributing to the development of the international investment coope ration. In modern market conditions, they can become a catalyst for structural transformation, stimulation of innovation, attraction of capital investment, and technology exchange. Thus, in the context of global economic transformation and increased competition for technological leadership, the FEZ are becoming a key tool for stimulating innovation and attracting investment. Financial activity, being a key area of the economy, not only ensures the stability and sustainability of business entities, but also acts as a driver of innovations that are critically important for increasing competitiveness, optimising resource management, and adapting to global challenges, such as digitalisation and sanctions pressure. The analysis of legal models of the FEZ in the countries of the Commonwealth of Independent States demonstrates their multidirectionality. In the Russian Federation, for example, the emphasis is on industrial production zones, where benefits are linked to the localisation of production. In contrast, China is dominated by innovation and technology clusters, offering research and design grants and simplified staff migration.
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institution Kabale University
issn 2658-3445
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publishDate 2025-04-01
publisher State University of Management
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spelling doaj-art-ee87b7b9d6814ea59e47fff7ce5dd3fe2025-08-20T03:47:23ZrusState University of ManagementE-Management2658-34452686-84072025-04-0181556910.26425/2658-3445-2025-8-1-55-69246Legal regulation and analysis of management effectiveness in the field of international investment cooperation in capital market in free economic zones of neighbouring countriesE. V. Bezikova0A. Yu. Mikhaylov1Lebedev Russian State University of JusticeInstitute of China and Contemporary Asia of the Russian Academy of SciencesThis article is a comprehensive study of international investment cooperation and concept of the effectiveness of innovation in free economic zones (hereinafter referred to as FEZ) and their role in the modern world. The FEZ represent new centres of competence in various socio-economic and industrial spheres, contributing to the development of the international investment coope ration. In modern market conditions, they can become a catalyst for structural transformation, stimulation of innovation, attraction of capital investment, and technology exchange. Thus, in the context of global economic transformation and increased competition for technological leadership, the FEZ are becoming a key tool for stimulating innovation and attracting investment. Financial activity, being a key area of the economy, not only ensures the stability and sustainability of business entities, but also acts as a driver of innovations that are critically important for increasing competitiveness, optimising resource management, and adapting to global challenges, such as digitalisation and sanctions pressure. The analysis of legal models of the FEZ in the countries of the Commonwealth of Independent States demonstrates their multidirectionality. In the Russian Federation, for example, the emphasis is on industrial production zones, where benefits are linked to the localisation of production. In contrast, China is dominated by innovation and technology clusters, offering research and design grants and simplified staff migration.https://e-management.guu.ru/jour/article/view/504international cooperationcapital marketinternational cash flowsfree economic zonescommonwealth of independent statesdevelopment of fezecosystemeconomic growth
spellingShingle E. V. Bezikova
A. Yu. Mikhaylov
Legal regulation and analysis of management effectiveness in the field of international investment cooperation in capital market in free economic zones of neighbouring countries
E-Management
international cooperation
capital market
international cash flows
free economic zones
commonwealth of independent states
development of fez
ecosystem
economic growth
title Legal regulation and analysis of management effectiveness in the field of international investment cooperation in capital market in free economic zones of neighbouring countries
title_full Legal regulation and analysis of management effectiveness in the field of international investment cooperation in capital market in free economic zones of neighbouring countries
title_fullStr Legal regulation and analysis of management effectiveness in the field of international investment cooperation in capital market in free economic zones of neighbouring countries
title_full_unstemmed Legal regulation and analysis of management effectiveness in the field of international investment cooperation in capital market in free economic zones of neighbouring countries
title_short Legal regulation and analysis of management effectiveness in the field of international investment cooperation in capital market in free economic zones of neighbouring countries
title_sort legal regulation and analysis of management effectiveness in the field of international investment cooperation in capital market in free economic zones of neighbouring countries
topic international cooperation
capital market
international cash flows
free economic zones
commonwealth of independent states
development of fez
ecosystem
economic growth
url https://e-management.guu.ru/jour/article/view/504
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AT ayumikhaylov legalregulationandanalysisofmanagementeffectivenessinthefieldofinternationalinvestmentcooperationincapitalmarketinfreeeconomiczonesofneighbouringcountries