Abstract

The various aspects of the present-day policymaking in relation to the cluster development and growth are analyzed. The concepts of approaches employed in Norway and the US are identi􀏐ied, along with policy tools used to support the cluster creation, functioning and development. Speci􀏐ic features of municipal policymaking are addressed and an overview of the approaches to cluster organization is provided. The policy tools are listed as effective solutions in the context of deploying the currently existing set of policy tools in this area. The set of policy tools in the above-mentioned countries has evolved with their key elements and the decisions adopted by the policy— makers in these countries to put in place the policy tools in the relevant area being addressed. The policy approach to the creation and development of clusters as the tools of industrial policy and area economic development has been formulated while emphasizing that the key policy makers are to be those at the regional and municipal level.

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