2020
DOI: 10.15405/epsbs.2020.10.03.77
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Innovation Cluster Development As A Factor For Sustainable Regional Economic Growth

Abstract: This is an Open Access article distributed under the terms of the Creative Commons Attribution-Noncommercial 4.0 Unported License, permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

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“…The relevance of this topic is due to the fact that in modern conditions, which are characterized by a high level of global competition, special importance is attached to the formation of an effective innovation system at the national level taking into account the search for ways to adapt to the crisis phenomena of the world economy. Currently, innovation clusters are one of the factors of sustainable economic development [1], their functioning has a direct impact on the rate, level and quality of innovative development of the state. Innovative clusters have the potential to contribute to their dynamic development, effectively implement the growth point function for the regional economy, which also affects the development of the national economic system.…”
Section: Introductionmentioning
confidence: 99%
“…The relevance of this topic is due to the fact that in modern conditions, which are characterized by a high level of global competition, special importance is attached to the formation of an effective innovation system at the national level taking into account the search for ways to adapt to the crisis phenomena of the world economy. Currently, innovation clusters are one of the factors of sustainable economic development [1], their functioning has a direct impact on the rate, level and quality of innovative development of the state. Innovative clusters have the potential to contribute to their dynamic development, effectively implement the growth point function for the regional economy, which also affects the development of the national economic system.…”
Section: Introductionmentioning
confidence: 99%