Issue №1, 2020

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Modern tendencies and prospects of MICE industry development: Russian and international experience

 

DOI: 10.34130/2070-4992-2020-1-62-72

Full article 

Reshetnikova N.N. – Ph. D. in Economics, associate Professor of the Department of World economy and international economic relations, Don State Technical University, Rostov-on-don, Russia, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Zmiyak S.S. – Doctor of Economics, Professor, head. Department of World economy and international economic relations, Don State Technical University, Rostov-on-don, Russia, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Magomedov M.G. – Doctor of Social Sciences, Vice-rector for social Affairs, Professor of the Department of Engineering Economics and marketing, Don State Technical University, Rostov-on-don, Russia, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The main factors contributing to the development of the international MICE industry for region are: the hotel development degree, transport, business, cultural and entertainment infrastructure and logistics complex; transparency of territorial financial and economic processes; informational openness and media of territorial business structures; the flexibility and adaptability of government structures to the changing realities of the global economy. The sequence of research methods application (from a systematic analysis of factors to predicting the development of types and forms of tourism) made it possible to identify the role and place of the MICE industry in the global economy structure, to reveal and scientifically substantiate socio-economic problems, patterns, and trends in its development in the system of international business interaction. The competitive advantages of the congress bureau over the existing forms of institutionalization of international business interaction have been identified: the unification of the efforts of the state and business structures to develop the MICE space; increasing the capitalization of destinations in the global business communication system. The article defines and substantiates the role of the Rostov region in the structure of the global and national systems of business interaction. The principles and procedure for creating a regional congress bureau in the city of Rostov-on-Don are grounded. The implementation of this research work will contribute to creating a new impetus in the development of territories and regions in terms of attractiveness for tourists and investors. The study of this problem will lead to the expansion of the theory and methodology of ensuring economic potential and competitiveness at the level of society, the economy and the individual. The conclusions and suggestions presented in this paper have great potential for practical implementation. With proper adaptation, they can be applied in the work of regional ministries of economic development of constituent entities of the Russian Federation, Chambers of Commerce and other regional administrative structures and business community entities.

Keywords: MICE industry, business cooperation, public-private partnership (PPP), business tourism, meetings industry, competitiveness, economic potential.

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For citation: Reshetnikova N. N., Zmiyak S. S., Magomedov M. G. Modern tendencies and prospects of MICE industry development: Russian and international experience // Corporate governance and innovative economic development of the North: Bulletin of the Research Center of Corporate Law, Management and Venture Capital of Syktyvkar State University. 2020. No. 1. Р. 62–72. DOI: 10.34130/2070-4992-2020-1-62-72.