Implementation of the cluster economy concept in the accounting system

Abstract

The paper is devoted to the fundamental aspects of clustering the economy of Ukraine. This topic is important because modern economy of the developed countries, which was previously based on traditional forms, is now impossible without innovation clusters development. Therefore, the investigation of the transformation of innovation systems based on clusters under the influence of crises in the world economy and the consequences of the COVID-19 pandemic is very important scientific and practical task. The theoretical experience and essence of the organizational mechanism of cluster structures are considered in this paper. It is determined that the concept of cluster economy offers new types of interaction between business entities, government and other institutions that are interested in increasing competitiveness. Therefore, the study of the cluster approach should be based on theories investigating the relationship between competition and cluster models. It is established that economy clustering strengthens the relationships between economic entities and contributes to the regions competitiveness increase. It is the strengthening of ties between cluster members that promotes the implementation of innovations. Conceptual approaches to cluster structure management are considered. It is determined that the network form of management is based on the use as the subject of cluster management of an independent business unit, which replaces the functional management structures of independent association members. This form of management is based on the high level of trust between the cluster members, as well as on the development of relations between economic entities. The cluster formation requires appropriate changes in the field of management, and this, in turn, affects its main information carrier – the accounting system. The author emphasizes the need to create accounting and analytical support for the cluster management system. The accounting information system should reflect the facts of financial and economic activities of the integrated structure and provide management with the ability to make tactical and strategic decisions. That is why the development of accounting will contribute to obtain more complete and reliable information about the results of the cluster as a group of legally independent, but interconnected in economic and financial terms of organizations.