INNOVATIVE DEVELOPMENT OF REGIONS OF UKRAINE IN THE CONTEXT OF THE CLUSTER POLICY IMPLEMENTATION

Abstract

The presented research identifies scientific schools of cluster development theory. It is substantiated that in the conditions of globalization, the main factor of the structural transformation of the regional economy and further positive structural changes is the innovative susceptibility of the region. This necessitates the rationalization of the regional economy structure based on the active cluster policy and identification of innovation development priorities of the regions, support of the innovative business development as an important component of the structural policy of the region. It is determined that in order to carry out progressive structural changes in the regional economy, it is necessary to conduct an active cluster policy, which increases the investment potential and effectiveness of the interaction of power and business. Based on the potential of the regions of Ukraine regarding their further innovation development, taking into account the cluster approach, which becomes one of the effective instruments for structural transformation of the regional economy, an estimation of the correlation between the volume of the GRP and indicators of innovation development has been conducted. Three groups of regions have been determined for their role in the overall national innovation process. For each of the groups, the respective directions of interregional cluster innovation policy implementation are proposed for achieving the stable development of regional innovation systems.