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Regional Economics: Theory and Practice

Establishing knowledge-based and digital cooperation between small and medium-sized businesses, science and the State through a cluster approach

Vol. 18, Iss. 11, NOVEMBER 2020

Received: 1 October 2020

Received in revised form: 10 October 2020

Accepted: 18 October 2020

Available online: 13 November 2020


JEL Classification: L26, O14, O25, O38

Pages: 2089–2110


Ivanchenko A.V. Institute of Economics, Ural Branch of RAS, Yekaterinburg, Russian Federation


Mezentseva E.S. Institute of Economics, Ural Branch of RAS, Yekaterinburg, Russian Federation


Subject. This article discusses the issues of innovative and digital development of the economy.
Objectives. The article aims to justify the benefits of cluster cooperation and networking between different structures.
Methods. For the study, we used systems, logical, structural, and comparative analyses, generalization and statistical methods, and the cluster-network and institutional approaches.
Results. The article substantiates the role and position of small business in the innovation development of the Sverdlovsk Oblast and identifies trends of innovation and digital advancement.
Conclusions. The cluster theory, supplemented with the Triple Helix concept, can be a basis for rationale for effective ways of integrating economic agents. Small innovative business has significant potential for sustainability, but it needs additional financial support from the State.

Keywords: small and medium-sized business, innovation, cluster, digitalization


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