Review Article Open Access

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

Alexandr Dzhindzholia1, Elena Popkova1 and Larisa Shakhovskaya1
  • 1 Department of International Economics and Economic Theory, Volgograd State Technical University, Volgograd, Russia

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.

American Journal of Applied Sciences
Volume 12 No. 11, 2015, 814-819

DOI: https://doi.org/10.3844/ajassp.2015.814.819

Submitted On: 27 July 2015 Published On: 10 November 2015

How to Cite: Dzhindzholia, A., Popkova, E. & Shakhovskaya, L. (2015). Cluster as an Innovational and Organizational Form of State Regulation of Business. American Journal of Applied Sciences, 12(11), 814-819. https://doi.org/10.3844/ajassp.2015.814.819

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Keywords

  • Cluster
  • Innovational and Organizational form of State Regulation
  • Development of Business