1. Clusters: Sense of Market Approach to their Formation and Substantiation of Necessity for Development of Mathematical Apparatus for Modeling of their Development.
- Author
-
MATKOVSKAYA, Yana S.
- Subjects
ECONOMIC development ,TRANSACTION costs ,INVESTMENTS ,ECONOMIC research ,DOCUMENT clustering - Abstract
Popularity of study of clusters in economic research grows. Thus, researchers direct their efforts for study of this economic phenomenon and practitioners - for realization of cluster approach in economies of particular regions. Territorial concentration is not always a condition for the formation of a cluster; besides, it cannot always ensure its competitiveness. That's why the article analyzes cluster approach and the sense of cluster phenomenon and proves inconsistency of application of only geographical approach to explanation of its nature; the author substantiates the market approach, which describes non-linear process (technology) of cluster institutionalization, when in the favorable market situation, macro-environment, and microenvironment around the main production of innovational and competitive products there appear a range of enterprises, which, for the purpose of optimization of transaction costs, form the effective chain of values, characterized by investment attractiveness and potential of development. Market approach, which describes the order of institutionalization of cluster, allows transitioning to the main stage of any economic research - to possibilities of formation of mathematical apparatus which describes cluster architecture and allows modeling its perspective development. [ABSTRACT FROM AUTHOR]
- Published
- 2017