Review and Analysis of Cluster Development Theories as an Economic and Managerial Phenomenon

Abstract:

It is proved that clusters, regardless of their occurrence circumstances, are an economic and managerial phenomenon. The motivating factors for this phenomenon occurrence, as well as the cyclical and conjunctural ones determining the intensity of cluster development are different. It is proved that public policy can positively or negatively affect the clusters development, but it rarely affects the origin of clusters. It is argued that, despite this, the examples of successful cluster development encourage governments to create clusters. Depending on the approaches used by governments, business activity often begins to take the form of business incubators, technoparks, technopolises and other organizational forms of innovative entrepreneurship, which have certain differences from clusters.

nsdlogo2016