Supporting Rationale of Regional Clusterization Effectiveness: Methodological Approach

Dyrdonova A.N.^1, and Fomin N.Y.¹

¹Economics and Management Department, Nizhnekamsk Institute of Chemical Engineering (Branch), Kazan National Research Technological University, Nizhnekamsk, Russian Federation

Cite this paper:
Dyrdonova A.N. and Fomin N.Y.. Supporting Rationale of Regional Clusterization Effectiveness: Methodological Approach. International Journal of Econometrics and Financial Management. 2014; 2(4):148-152. doi: 10.12691/ijefm-2-4-6

Abstract

The paper deals with a study of cluster-type development of regional economic systems. Positive influence on the social and economic growth of a number of regions in the Russian Federation has been evaluated owing to generation of territorial cluster-type formations. The paper includes findings of an investigation into theoretical nature of «cluster» as an economic category. As an example of positive influence of the clusterization strategy, the project of formation and development of the regional cluster of Nizhnekamsk Municipal District of the Republic of Tatarstan has been offered and validated from economic effectiveness point of view. For the purpose of the project feasibility validation, a methodological approach has been specifically designed for evaluation of economic potential of the city-forming enterprises. During approbation, the above mentioned approach brought to the front a number of intensive growth prospects for the enterprises in question in the course of integration, and, consequently, viability of the regional cluster became worthy of notice. At the same time, the project in question was rationalized from economic effectiveness perspective. For this line of the investigation a special methodological approach has been developed so as to allow predicting a level of synergetic effect of the clusterization.

Keywords:
cluster integration region effectiveness feasibility economic potential synergetic effect

This work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

References:

[1]	Boosting Innovation: The Cluster Approach, OECD Proceedings. OECD Publishing. Paris, 2012.
[2]	Dyrdonova, A.N., "Clustering petrochemical industry of the Republic of Tatarstan", Bulletin of the Kazan Technological University, 16 (12). 221-224. 2013.
[3]	Dyrdonova, A.N., "Formation and development of elements of innovation infrastructure in the region", Management of economic systems: electronic scientific journal, 12 (60). 2014. [Online].
[4]	Dyrdonova, A.N., "Methodical bases of potential clustering of regional economic systems", Business. Education. Law. Bulletin of the Volgograd Business Institute. 1 (26). 252-262. 2014.
[5]	Isbasoiu, G.M., Industrial Clusters and Regional Development. The Case of Timisoara and Montebelluna. MPRA Paper No. 5037. 2012. [Online].
[6]	Ketels, С., Cluster Initiatives in Developing and Transition Economies. Center for Strategy and Competitiveness. Stockholm, 2012.
[7]	OECD Reviews of Regional Innovation: Competitive Regional Clusters: National Policy Approaches. OECD Publishing, Paris, 2013.
[8]	Porter, M.E., The Competitive Advantage of Nations. New York: Free Press, 2010.