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ROLE OF CLUSTERS IN THE INSTITUTIONAL STRUCTURE OF INNOVATION ECONOMY

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PDF: Author(s): Vakhitova L. R., Vasilenko N. V.,
Number of journal: 4(33) Date: November 2015
Annotation:

Clusters as the element of innovative institutional environment are examined in the article. Essential features of clusters in the innovative economy are specified. Correlation between technological characteristic of cluster and the innovative process is proved. Key role of the contract feature among other features of innovative economy is defined. Particular features of clusters as the sort of network organization of economic activity are revealed. The article confirms that network effects in innovative economy connected with acceleration of production and use of innovations provide more benefits than allocative effects of agglomeration. Advantages of clusters as the network form of the economic activity arrangement in the conditions of permanent modifications of the innovative economy are justified.

Keywords:

agglomeration, innovation, innovation economy, innovative processes, institutional structure, cluster, clustering, cluster approach, network affect, network structure

For citation:

Vasilenko N. V., Vakhitova L. R. Role of clusters in the institutional structure of innovation economy // Business. Education. Law. Bulletin of Volgograd Business Institute. 2015. № 4 (33). P. 31—34