Innovation and Sustainable Economic Competitive Advantage: From Regional Development to Global Growth Russian Company Town: Criteria and Diversification Results Irine S. Antonova, National Research Tomsk Polytechnic University, Tomsk, Russia,
[email protected] Olesya A. Negodina, National Research Tomsk State University, Tomsk, Russia,
[email protected] Danil D. Vavilov, National Research Tomsk Polytechnic University, Tomsk, Russia,
[email protected] Abstract The result of company town concept analysis and systemising shows the absence of distinguishing criteria in international theory. In Russian theory and practice otherwise it is defined three approaehes to the criteria definition. Taken into consideration these practices and the considerable difference between company towns the authors offer the following distinguishmg factors of company town: township-forming enterprise, industry structure, human resource allocation, financial resource allocation, corporate social responsibility, and town location relative as additional external element common to most company towns. The analysis of the faetors on the basis of Yurga socio-economic wellbeing data concludes that the company town has still strong influence from township-forming enterprise in spite of economy diversification results, including core industry reduction in production and employment rates. The main element of the influence is a thermal power station on the balance of the township-forming enterprise that serves the needs of citizens, so we eonsider it as the part of corporate soeial responsibility concept. Keywords: Company Town, Criteria, Township-forming Enterprise, Diversification; Introduction Company towns have long history of its foundation and development. In Russia company towns began to appear in the epoch of Peter I on the basis of cloth manufactures and ironworks located near Moscow and in the Urals.