Regions’ Economical and Institutional Potential – the Basis of the Regional Clusters Effective Functioning (Case Study: Voronezh Region)
Abstract
Regions’ Economical and Institutional Potential – the Basis of the Regional Clusters Effective Functioning (Case Study: Voronezh Region)
The development of the clusters formation in Russia is determined by the national and regional peculiarities, where the parameters of the economical and institutional development of the constituent territories of the Russian Federation are the main. The positive tendencies of the main parameters of the regions’ economy and also the infrastructure development and government support determine the regional clusters’ potential of the effective functioning.
Keywords: development of the clusters, regional peculiarities, institutional development