THE CLUSTER APPROACH AS A FACTOR FOR CREATING INVESTMENT ATTRACTIVENESS OF THE TERRITORY

This scholarly article explores the most effective approaches and prevailing trends in the implementation process of the investment attractiveness of the territory. The cluster approach is analyzed as an effective and efficient tool to stimulate the development of territories. We explain the benefits of efficient use of all available resources of the area, a reasonable correlation between the industry production and services sectors, completeness processes to produce the expected results, which in turn creates investment attractiveness.