Development of motivational mechanisms: regional aspect

Bilchak V.S.1, Bilchak M.V.1
1 Варминьско-Мазурский университет в Ольштыне

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Journal paper

Leadership and Management (РИНЦ, ВАК)
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Volume 3, Number 3 (July)

Citation:

Bilchak, V. S., & Bilchak, M. V. (2016). Development of motivational mechanisms: regional aspect. Leadership and Management, 3(3), 149-158. https://doi.org/10.18334/lim.3.3.36535

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=28286627

Abstract:
The crisis of economic development forces the use of motivational mechanisms, allowing minimizing the negative impact of these processes. The article points out and describes the factors responsible for top-managers motivation in goal achieving. We refer to a system of stimulation and rewards that affects the creation of motivational mechanism. The article also presents a system of motivation in institutions and regional economic sectors, influencing innovation development and introduction of new technologies and projects.

Keywords: infrastructure, factors, financial markets, regional economy, industry, sector, motivational mechanism, methods and approaches, encouraging and rewarding, programs and projects, restructuring and crisis, system of motivations

JEL-classification: H12, M54, D53

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