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Regional Economics: Theory and Practice
 

Clusters and special economic zones as factors of regional innovation development: A St. Petersburg case study

Vol. 18, Iss. 8, AUGUST 2020

Received: 7 May 2020

Received in revised form: 19 June 2020

Accepted: 3 July 2020

Available online: 14 August 2020

Subject Heading: SPATIAL ECONOMICS

JEL Classification: O18, P25

Pages: 1418–1429

https://doi.org/10.24891/re.18.8.1418

Degtereva V.A. Peter the Great St. Petersburg Polytechnic University (SPbPU), St. Petersburg, Russian Federation
degvi@yandex.ru

ORCID id: not available

Subject. This article discusses the directions and problematic issues of institutional development of special economic zones and clusters in the context of Russia's transition to the digital economy.
Objectives. The article aims to analyze the current state and justify the need for institutional development of special economic zones and clusters, considering global trends.
Methods. For the study, I used the methods of analysis and synthesis, logical and systems approaches, and theoretical generalization.
Results. The article justifies the need for State support for the development of industry and entrepreneurship within clusters and special economic zones. It defines the main problems of institutional development of the areas with special legal status, and their role in stimulating regional innovative development.
Conclusions. The cluster approach requires systemic State support. Special economic zones are factors in the development of high-tech industries. This takes on a special urgency in the context of building a digital economy in Russia.

Keywords: innovative development, innovation-driven industry, cluster, exclusive economic zone, investment

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