Open AccessPARTICIPATIVE MODEL OF PROJECT FINANCE OF UNIVERSITIES IN THE CONDITIONS OF THE DIGITAL TRANSFORMATION OF EDUCATION
Author(s) -
RODENKOVA TATYA.,
POKAMESTOV DMITRY A.
Publication year - 2020
Publication title -
naučnye trudy volʹnogo èkonomičeskogo obŝestva rossii
Language(s) - English
Resource type - Journals
ISSN - 2072-2060
DOI - 10.38197/2072-2060-2020-225-5-293-312
Subject(s) - finance , subsidy , citizen journalism , digital transformation , civil society , general partnership , higher education , business , revenue , order (exchange) , economics , public relations , economic growth , political science , market economy , politics , law
The strategic line of development of the digital society in Russian Federation is aimed, first of all, at the development of human potential, that is, the «knowledge economy», and only then at the formation of a digital economy that provides technological leadership in the global digital space. Forms universal digital literacy and professional and communicative competencies necessary for the «knowledge economy», and also creates a supporting infrastructure for the digital economy in the sphere of professional education. In the era of digitalization, project financing has become one of the leading trends in financial support for education. In the course of the research, two types of financing models in the global educational space were identified: basic models and derived (partial) models. Taking into account the fact that in Russia the main investor in the field of higher education is the state, in order to attract extra-budgetary sources, the potential of the financial mechanism of public-private partnership should be used. That is, the mixed model of subsidizing pro jects of state programs can be expanded by introducing into it a block of project financing within the framework of the PPP mechanism that stimulates the inflow of private capital. In turn, the development of new information technologies and products is changing the models of pro ject financing in higher education. The participatory model of project financing of universities proposed in the study using the PPP mechanism ensures the embedding of civil society institutions both in the budgetary process that determines the level of spending on higher education and in the process of public-private investment in universities.