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Institutional Provision of Formation and Development Spatial Business Systems

Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.72, No. 1)

Publication Date:

Authors : ; ;

Page : 121-127

Keywords : cluster; cluster policy; efficiency improvement; regional development;

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Abstract

The paper analyzes the institutional support for the formation and development of clusters within the framework of the approach that studies aspects of cluster policy and is part of the scientific direction of research into the development processes of organized clusters. It was determined that the purpose of applying the cluster policy is to unite enterprises of a similar field of activity into groups to increase the efficiency of production, creation and use of innovations, and economic development of the region. It has been established that the development of cluster policy at the level of clusters (rather than industries) avoids many distortions associated with suppliers in the value chain and better focuses on specific problems faced by companies in a number of related industries.

Last modified: 2024-01-20 23:50:19