Abstract

Future of the global economy depends more and more on possibilities and restrictions of innovative development. In the classical interpretation economic development is limited by non-renewable nature of a significant part of the natural resource potential and assimilation abilities of the environment. In opposition, it’s safe to say that the impact of innovative-technological factors, based on scientific, educational and information revolutions, powered by the synergic effect of the partnership of civilizations, is rising. The aggravation of this global contradiction forces countries, regions and enterprises around the world to look for additional ways to increase competitiveness and efficiency. One of the possible ways to solve this problem is the development of cluster policy – both on the part of the state and on the part of business, large multinational companies. The article analyzes the possibility of formation of technology of innovative development of the region through the competent implementation of cluster policy. The authors conducted a systematic analysis of the effects of clustering (localization), concentrated in the field of high-tech industries, identified problems of their development, including those in the context of globalization.

Highlights

  • The modern structure of the world economy, conditioned by the contradictory integrity of world economies and regions linked by international economic relations, is imperfect

  • During the period under examination, new points of increase appeared in the Bryansk region, Murmansk region, Astrakhan region, Tyumen region, Komi Republic, Udmurt Republic, etc. This is largely facilitated by the state's proactive cluster policy, which has intensified the emergence of agglomeration and localization effects in the regional economy [17]

  • Giant accumulators of innovative development on a world-wide basis are TNCs actively using the effects of localization from the beginning

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Summary

Introduction

The modern structure of the world economy, conditioned by the contradictory integrity of world economies and regions linked by international economic relations, is imperfect. The increasing economic polarization of the world, the technological gap between rich and poor countries, regional differentiation within countries play a decisive role in the activation of innovation processes In this regard, it is vital to change the current model of search, implementation and development of innovations in countries that are concerned about the prospects for further innovative development. In adequate institutional conditions, such advantages ensure the competitiveness of the region at the current time, and in the long term [11] The attractiveness of this technology is due to the possibility of building a closed technological chain within the cluster, starting with the idea of creating a product and ending with its introduction to the market. The triple helix model has the form of a social structure that unites three institutions: the state, universities and business (Fig. 1)

Legislation Tax Investments exposurePriority Subsidies areas
Number of clusters
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Findings
Discussion

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