Cluster Approach as a Strategic Direction in Business Development in the Context of Innovative Economy

This study examines cluster policy as a crucial element in the development of an innovative economy.

Aim. This study aims to analyze major directions in state cluster policy, its goals, challenges, and problems associated with its formation.

Tasks. This study substantiates the need for the formation of cluster policy and determines its major objectives, identifies major directions in the development of clusters, and examines basic mechanisms of support for clusters from the state. Methods. This study uses general methods of scientific cognition such as document and logical analyses. These methods allow for conducting a sequential analysis of the need for a cluster policy, determining major directions for its implementation, and measures of state regulation and support.

Results. Analysis of scientific literature on the problems of Russia’s innovative path identifies negative factors and the potential for further development. Features of cluster structures are determined. The necessity of cluster policy is substantiated. Major documents aimed at the implementation of cluster policy are examined. A mechanism for state regulation and support of cluster structures is proposed.

Conclusion. The formation of clusters is a crucial form of implementation of innovative development of the Russian economy. The cluster approach can be adapted to the specific operating conditions of state business structures and the academic community. The government plays the leading role in the stimulation of innovative cluster formation. Therefore, it needs to work on the conceptual and methodological issues of innovative cluster development, provide regulatory support, and create a favorable economic environment. 

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