ENSURING INTEGRATED ECONOMIC SUSTAINABILITY OF BUSINESS STRUCTURES IN THE CURRENT CRISIS CONDITIONS

Abstract

According to the author's research of scientific literature and practical experience of cluster creation and development, most authors and experts consider the processes of formation and management of cluster structures exclusively in conditions of economic stability, which is due to the relatively short duration of functioning of these integrated business structures in terms of economic history. In fact, there is no significant work that would indicate how a cluster should function and develop in the face of crisis. The impact of the crisis affects both individual business structures and more complex integrated entities, such as research and production and educational clusters. In this regard, there are urgent aspects of developing certain methodological recommendations that would increase the level of integrated economic sustainability of clusters of various types and nature in the current environment. Coordinated investment activities of cluster members aimed not only at acquiring property rights, but also at designing and developing various intellectual property objects that can later form collective intangible assets of cluster structures with appropriate regulation of their right to use as an element of private property in the knowledge economy are of great importance for counteracting modern crises.