American Journal of Applied Sciences

Cluster as an Innovational and Organizational Form of State Regulation of Business

Alexandr Dzhindzholia, Elena Popkova and Larisa Shakhovskaya

DOI : 10.3844/ajassp.2015.814.819

American Journal of Applied Sciences

Volume 12, Issue 11

Pages 814-819

Abstract

This article studies state regulation of business determines and analyzes its economic, legal and organizational forms. The authors offer and substantiate the hypothesis that cluster is an innovational and organizational form of state regulation. Peculiarities and advantages of cluster for development of modern business are determined.

Copyright

© 2015 Alexandr Dzhindzholia, Elena Popkova and Larisa Shakhovskaya. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.