Innovative approaches to business managing functional areas in a territory

Information support for organization and management of functional areas in a territory has been considered from the standpoint of innovation. Adequacy and proximity of territorial life activity perspectives based on interaction of its functional areas to the perspectives and concepts of spatial economics has been shown. Based on the requirements of a system approach, a set of structures that determine the operation of social and business areas in a territory has been considered; management of a social and business area in a territory is presented as an act of impact on facilities in the functional areas of a territory for the purpose of changing their operational format and can thereby selectively affect each of six parameters and current characteristics of a model reflecting the state of functional areas in a territory that are listed in the paper below. The work also justifies an approach to implementing a distributed information system to support processes through the case study of a control area, a functional agricultural area in a territory, which uses Blockchain technology for gathering, processing, storage, organization and management of key data about each product through the example of products in the functional agricultural area of the territory during their life cycles. © 2019 KIIE