bricslawjournalBRICS Law JournalЮридический журнал БРИКС2409-90582412-2343Publishing House V.Ема10.21684/2412-2343-2022-9-3-174-194bricslawjournal-677Research ArticleARTICLETerritories with a Special Regime for Business Activities: Legal Frameworks of Social PolicyMikheevaI.

Irina Mikheeva (Moscow, Russia) – Associate Professor, Deputy Head, Department of Banking Law

9 Sadovaya-Kudrinskaya St., Moscow, 125993

Ya.miheeva@yandex.ruSarnakova A.

Aleksandra Sarnakova  – Associate Professor, Department ofLegal Regulation of Economic Operations

49 Leningradsky Av., Moscow, 125993

miralexandra@mail.ruKutafin Moscow State Law University (MSAL)Russian FederationFinancial University under the Government of the Russian FederationRussian Federation20221209202293174194Copyright © Mikheeva I., Sarnakova  A., 20222022Mikheeva I., Sarnakova  A.Mikheeva I., Sarnakova  A.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://www.bricslawjournal.com/jour/article/view/677

The article focuses on the social dimension of territorial development and investments in Russian regions. The conducted research is devoted to territories with a special regime for business activities in Russia, their investment and innovation background and policy aiming at improving social environment and population well-being. Based on legal analysis and regulatory practices, the authors reveal drivers for strategic management of social and economic development, recommend some rules and underline possible benefits for territories’ residents. The paper discusses the advantages and perspectives of developing territories with aspecial regime for business activities in Russia, alongside with constraining factors discouraging their development. Theoretical issues are exemplified by some priority social and economic development areas created in the Far East. Most attention is paid to the infrastructural development of priority social and economic development areas, while special emphasis is placed on the cluster approach to the development of such territories, a comparison is made with technoparks and industrial parks.

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The authors declare that there are no conflicts of interest present.