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A cluster-based strategy for Russia’s innovative development

Research paper by E. B. Lenchuk, G. A. Vlaskin

Indexed on: 27 Nov '10Published on: 27 Nov '10Published in: Studies on Russian Economic Development



Abstract

This paper summarizes Russia’s experience in the use of the cluster approach to solving modernization and innovative development problems in the country’s economy. Our main attention is focused on analyzing the formed approaches, programs, and regulatory legal acts adopted on clustering at the federal and regional levels. We have also analyzed the positive experience accumulated by individual constituents of the Russian Federation. The paper shows the key role of infrastructural systems of intellectual and financial capital in supporting a cluster’s innovative orientation.