Innovation Cluster as an Institution for Developing Russia’s Innovative Economy

DOI: https://doi.org/10.33917/es-3.183.2022.64-69

Supply support policy, which is becoming more and more relevant in Europe and America due to overheated demand, is also relevant for Russia. At the same time, active growth of the state’s information capabilities can be used to mutually coordinate the goals of social and economic development under condition of the focus on integrated development of the innovation environment and in case when the innovation cluster is the optimal institution. First of all, it forms the structure of innovative industry with a wide layer of small and medium-sized businesses, reducing transaction costs. Secondly, the combination of competition and cooperation in a cluster is especially advantageous in the innovation culture of Russia, which is distinguished by the intrinsic value of mastery and innovative community. Thirdly, the cluster makes possible to resolve a conflict between digital platforms and local economy, using the advantages of digitalization and localization to meet mutual interests that contributes to the public welfare growth.

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