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The cluster strategy for improving the competitiveness of the national economy as an institutional prerequisite for attracting private capital in the Russian economy


Dontsova O.I., Zasko V.N.
(about the authors)

Dontsova Olesya Igorevna – (Financial University under the Government of the Russian Federation – Lipetsk branch)

Zasko Vadim Nikolaevich – (The Russian Presidential Academy of National Economy and Public Administration)

Published in:
Russian Journal of Entrepreneurship
– Volume 19, Number 5 (May 2018)

JEL classification: D40, E02, H00

Keywords: cluster, cluster strategy, competitive environment, competitiveness


Citation:
Dontsova O.I., Zasko V.N. (2018). The cluster strategy for improving the competitiveness of the national economy as an institutional prerequisite for attracting private capital in the Russian economy. Russian Journal of Entrepreneurship, 19(5), 1377-1390. doi: 10.18334/rp.19.5.39051


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Abstract:

On the way of market reforms, the Russian economy has passed a number of significant stages of its development. During this time, a model of the economy focused on the world energy prices has been formed, the potential of which is almost exhausted. The paper proposes a hypothetical model of economic transformation, which is based on institutional reforms: the development of civil institutions, the financial system and the stimulation of competition in the commodity markets in order to improve their efficiency.







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