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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">economyprom</journal-id><journal-title-group><journal-title xml:lang="ru">Экономика промышленности / Russian Journal of Industrial Economics</journal-title><trans-title-group xml:lang="en"><trans-title>Russian Journal of Industrial Economics</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2072-1633</issn><issn pub-type="epub">2413-662X</issn><publisher><publisher-name>MISIS</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.17073/2072-1633-2020-1-4-17</article-id><article-id custom-type="elpub" pub-id-type="custom">economyprom-817</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>Теория и практика стратегирования</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>Theory and practice of strategy</subject></subj-group></article-categories><title-group><article-title>Региональные стратегии как фактор снижения неопределенности при принятии промышленными предприятиями инвестиционных решений</article-title><trans-title-group xml:lang="en"><trans-title>Regional strategies as an uncertainty reducing factor for investors</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Алимурадов</surname><given-names>М. К.</given-names></name><name name-style="western" xml:lang="en"><surname>Alimuradov</surname><given-names>M. K.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Алимурадов Мурад Камилович – кандидат экономических наук, доцент.</p><p>119991, Москва, Ленинские горы, д. 1, стр. 61.</p></bio><bio xml:lang="en"><p>Murad K. Alimuradov – PhD (econ), Associate professor.</p><p>1-61 Leninskie Gory, Moscow 119991.</p></bio><email xlink:type="simple">amkpro5@gmail.com</email><xref ref-type="aff" rid="aff-1"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru"><institution>Московской государственный университет имени М.В. Ломоносова, Московская школа экономики, кафедра экономической и финансовой стратегии</institution><country>Россия</country></aff><aff xml:lang="en"><institution>Moscow School of Economics Lomonosov Moscow State University</institution><country>Russian Federation</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2020</year></pub-date><pub-date pub-type="epub"><day>26</day><month>03</month><year>2020</year></pub-date><volume>13</volume><issue>1</issue><fpage>4</fpage><lpage>17</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Алимурадов М.К., 2020</copyright-statement><copyright-year>2020</copyright-year><copyright-holder xml:lang="ru">Алимурадов М.К.</copyright-holder><copyright-holder xml:lang="en">Alimuradov M.K.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://ecoprom.misis.ru/jour/article/view/817">https://ecoprom.misis.ru/jour/article/view/817</self-uri><abstract><p>Процесс принятия стратегических инвестиционных решений в условиях региональной диверсификации производств требует проведения детального анализа факторов, потенциально влияющих на ожидаемые результаты. Построение модели денежных потоков, формируемых тем или иным проектом, обладающим стратегическим потенциалом для предприятия, требует детального изучения как внутренних технологических характеристик, предопределяющих потенциальные результаты его реализации, так и внешних факторов. В системе оценки подобных характеристик важной является рисковость принятия инвестиционного решения. Если внутренние характеристики поддаются относительно достоверным оценкам, то внешние часто являются крайне неопределенными. Факторами, существенно снижающими неопределенность внутренних корпоративных оценок, являются наличие и последовательная реализация стратегии компании – документа, полностью доступного руководителям и не доступного конкурентам. При этом для снижения внешней неопределенности при выборе региона реализации инвестиционного проекта существенным фактором становится наличие региональной стратегии развития, ее качество и степень реализации. В статье, на основе применения методологии стратегирования академика, Иностранного члена РАН В.Л. Квинта [<xref ref-type="bibr" rid="cit1">1</xref>], исследуется воздействие подобных стратегических инструментов на снижение уровня рисковости инвестиционных проектов, приводятся аргументы в пользу необходимости разработки и последовательной реализации региональных стратегий, формирующих основу для боле точного обоснования инвесторами денежных потоков, меняющихся в зависимости от регионов реализации.</p></abstract><trans-abstract xml:lang="en"><p>The process of strategic investment decisions making in the context of regional production diversification requires a detailed analysis of factors that potentially affect the expected results. The model construction of cash flows generated by a project with strategic potential for the enterprise requires a detailed study of both internal technological characteristics that determine the potential results of its implementation and external factors. In the system for evaluating such characteristics, the risk of making an investment decision is important. If the internal characteristics lend themselves to relatively reliable estimates, then the external ones are often extremely uncertain. A factor that significantly reduces the uncertainty of internal corporate evaluations is the availability and consistent implementation of the company’s strategy - a document that is fully accessible to managers and inaccessible to competitors. At the same time, in order to reduce external uncertainty when choosing a region for implementing an investment project, the presence of a regional development strategy, its quality and degree of implementation becomes a significant factor. The article examines the impact of such strategic instruments on reducing the risk level of investment projects, provides arguments in favor of the need for the development and consistent implementation of regional strategies that form the basis for more accurate justification by investors of cash flows that vary depending on the regions of implementation. </p></trans-abstract><kwd-group xml:lang="ru"><kwd>стратегия</kwd><kwd>стратегирование</kwd><kwd>стратегические инвестиционные проекты</kwd><kwd>региональные стратегии</kwd><kwd>стратегические региональные риски</kwd></kwd-group><kwd-group xml:lang="en"><kwd>strategy</kwd><kwd>strategizing</kwd><kwd>strategic investment projects</kwd><kwd>regional strategies</kwd><kwd>strategic regional risks</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Квинт В.Л. Концепция стратегирования. 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