Abstract
The article is aimed at forming the theoretical-conceptual aspects of clustering as the basis for innovative development of industrial enterprises in modern transformational conditions of economic management. According to the results of the research, it is identified that the clustering process is directed towards forming an innovative system, that is, a combination of science and production, which ensures the transformation of new knowledge into competitive goods and services. The creation of cluster associations will enable the State and local governments to stimulate the innovatively oriented development of domestic industrial enterprises through the formation of a regional economic system in which economic entities of various industry sectors and forms of ownership create organizational-economic associations of suppliers and consumers of products and services based on international management standards. Innovatively oriented development of Ukraine shows that with the existing scientific potential, we are unacceptably lagged in terms of the share of intellectual property in public wealth and GDP. The primary causes are the following: insufficient budget financing; low demand for innovations on the part of business; low level of development of innovative entrepreneurship and innovation infrastructure; taxation which is fiscal rather than stimulating; high level of corruption; inaccessible lending and unstable system of insurance of technological and commercial risks. On the basis of the carried out research, the concept of clustering is proposed as the basis for innovatively oriented development of industrial enterprises. The clustering process solves many problems, forms the institutional foundation for the creation of a post-industrial information-based economy, strengthening the financial competitiveness of the regions and solving their socio-economic problems.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.