The System of Indicators for Indicative Management of a Region and its Clusters

Abstract

The turbulence in the economic environment leads to a decrease in stability of functioning of clusters and the regional economic system as a whole. This requires the development of effective management mechanisms based on the indicative approach, the central concept of which is an indicator. Despite concerted efforts by scientists and governmental bodies, the universal system of indicators for the management of regional cluster development remains underdeveloped. The research is based on the principles of dialectical logic, system approach to the analysis of economic processes, analysis and synthesis of theoretical aspects and empirical experience.