European Experience of Regional Cluster Policy Realization

Abstract

The article covers the experience in implementing the cluster approach in the economy of some European countries. It is revealed that nowadays industrial progress is provided not by isolated companies but by their associations, groups and clusters. The authors analyzed the activity of the European organizations implementing integrated cluster policy, and defined the key modes of cluster formation and development in the foreign economy. The scientific significance of the paper comprises the findings of the perspectives of cluster policy realization in the Russian Federation in order to enhance the competitiveness of industrial companies on the basis of the analyzed foreign models. Keywords—cluster; European Union; region; industry; economy; competitiveness