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Economic Analysis: Theory and Practice
 

Modeling of innovation-oriented clusters in the context of improving balance development of regional economy

Vol. 10, Iss. 47, DECEMBER 2011

Available online: 9 December 2011

Subject Heading: Innovations and investments

JEL Classification: 

Chernova О.А. Doctor of Economics, professor, head of department “Finance and Accounting”, Southern Federal University, Novoshakhtinsk branch
chernovaolga71@mail.ru

Improvement of balance development of regional economy it is possible on the basis of the involvement of economic-resource potential of underdeveloped areas in the structure of innovation oriented cluster. The cluster is formed on the basis of integration of big business, located in the industrial centers, and small business depressed territories. Algorithm for the formation of the innovation cluster is proposed.

Keywords: innovation, cluster, region, development, integration, business

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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