The Russian practice of applying cluster approach in regional development

TL;DR

This paper examines Russia's use of the cluster approach in regional development to address economic disparities, analyzing legal frameworks and benchmarking practices to assess its effectiveness and implementation timeline.

Contribution

It provides an analysis of Russia's legal and practical application of the cluster approach in regional development, highlighting challenges and benchmarking experiences.

Findings

Legal framework analysis of cluster policy in Russia

Implementation of cluster approach takes longer than planned

Benchmarking practices are integral to policy assessment

Abstract

The article considers the practice of applying the cluster approach in Russia as a tool for overcoming economic inequality between Russian regions. The authors of the study analyze the legal framework of cluster policy in Russia, noting that its successful implementation requires a little more time than originally planned. Special attention is paid to the experience of benchmarking.