FINANCIAL AND ECONOMIC MECHANISMS FOR CREATION OF INNOVATIVE REGIONAL CLUSTERS

Nowadays, the introduction of innovative business models is a factor of sustainable development of the Russian economy and its regions. One of such models is creation of clusters. The cluster approach came into widespread use in the 80s of the last century. The innovative development and understandi...

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Main Authors: T. V. Pogodina, N. V. Kuznetsov, N. M. Abdikeyev
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2017-10-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/284
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author T. V. Pogodina
N. V. Kuznetsov
N. M. Abdikeyev
author_facet T. V. Pogodina
N. V. Kuznetsov
N. M. Abdikeyev
author_sort T. V. Pogodina
collection DOAJ
description Nowadays, the introduction of innovative business models is a factor of sustainable development of the Russian economy and its regions. One of such models is creation of clusters. The cluster approach came into widespread use in the 80s of the last century. The innovative development and understanding of the importance of the economy at the regional level made it possible to apply the cluster theory to these problems. At present, the cluster approach is regarded as one of the most effective tools for the development of national and regional economies. This is the way to allow the country to maintain the domestic industry and promote the development of entrepreneurship in the regions. Although the budget funding of the country’s industrial potential is characterized by relatively high indices it is not sufficient for the concurrent implementation of many large-scale projects, including the creation of innovative regional clusters and ensuring high rates of economic development of the country and individual regions. The paper discusses the use of the cluster approach to boost the innovative development of the region, methods for building a cluster management system, organizational and financial mechanisms for the development of a cluster. The analysis of the Russian experience in the use of innovative financial and economic mechanisms for creation and development of regional clusters made it possible to identify the main trends in the application of such mechanisms, evaluate their effectiveness and outline possible areas of improvement.
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series Финансы: теория и практика
spelling doaj-art-c3a00db5e6ee417c9ead9ec4e9af98b62025-08-04T13:11:04ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892017-10-01205263610.26794/2587-5671-2016-20-5-26-36321FINANCIAL AND ECONOMIC MECHANISMS FOR CREATION OF INNOVATIVE REGIONAL CLUSTERST. V. Pogodina0N. V. Kuznetsov1N. M. Abdikeyev2Financial UniversityFinancial UniversityFinancial UniversityNowadays, the introduction of innovative business models is a factor of sustainable development of the Russian economy and its regions. One of such models is creation of clusters. The cluster approach came into widespread use in the 80s of the last century. The innovative development and understanding of the importance of the economy at the regional level made it possible to apply the cluster theory to these problems. At present, the cluster approach is regarded as one of the most effective tools for the development of national and regional economies. This is the way to allow the country to maintain the domestic industry and promote the development of entrepreneurship in the regions. Although the budget funding of the country’s industrial potential is characterized by relatively high indices it is not sufficient for the concurrent implementation of many large-scale projects, including the creation of innovative regional clusters and ensuring high rates of economic development of the country and individual regions. The paper discusses the use of the cluster approach to boost the innovative development of the region, methods for building a cluster management system, organizational and financial mechanisms for the development of a cluster. The analysis of the Russian experience in the use of innovative financial and economic mechanisms for creation and development of regional clusters made it possible to identify the main trends in the application of such mechanisms, evaluate their effectiveness and outline possible areas of improvement.https://financetp.fa.ru/jour/article/view/284innovative regional clustercluster development centerfinancial and economic mechanisms of cluster developmentinstitutional mechanism for financial support of clusters
spellingShingle T. V. Pogodina
N. V. Kuznetsov
N. M. Abdikeyev
FINANCIAL AND ECONOMIC MECHANISMS FOR CREATION OF INNOVATIVE REGIONAL CLUSTERS
Финансы: теория и практика
innovative regional cluster
cluster development center
financial and economic mechanisms of cluster development
institutional mechanism for financial support of clusters
title FINANCIAL AND ECONOMIC MECHANISMS FOR CREATION OF INNOVATIVE REGIONAL CLUSTERS
title_full FINANCIAL AND ECONOMIC MECHANISMS FOR CREATION OF INNOVATIVE REGIONAL CLUSTERS
title_fullStr FINANCIAL AND ECONOMIC MECHANISMS FOR CREATION OF INNOVATIVE REGIONAL CLUSTERS
title_full_unstemmed FINANCIAL AND ECONOMIC MECHANISMS FOR CREATION OF INNOVATIVE REGIONAL CLUSTERS
title_short FINANCIAL AND ECONOMIC MECHANISMS FOR CREATION OF INNOVATIVE REGIONAL CLUSTERS
title_sort financial and economic mechanisms for creation of innovative regional clusters
topic innovative regional cluster
cluster development center
financial and economic mechanisms of cluster development
institutional mechanism for financial support of clusters
url https://financetp.fa.ru/jour/article/view/284
work_keys_str_mv AT tvpogodina financialandeconomicmechanismsforcreationofinnovativeregionalclusters
AT nvkuznetsov financialandeconomicmechanismsforcreationofinnovativeregionalclusters
AT nmabdikeyev financialandeconomicmechanismsforcreationofinnovativeregionalclusters