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Cluster Capacity Calculation Mechanism in Increasing the Efficiency of Regional Production

In: Global Economics and Management: Transition to Economy 4.0

Author

Listed:
  • Marta Gowor

    (Murmansk Arctic State University)

  • Natalya Shebarova

    (Murmansk Arctic State University)

Abstract

The present study is performed in the Arctic zone of the Russian Federation, in consideration of the context of a group of regions with a developing regional economy, and the subjects of the Arctic zone of the Russian Federation being the most developed and urbanized from the point of view of the global arena. Also, in the article we performed the improvement of the socio-economic component, namely that the formation and development of clusterCluster systems can serve as an effective mechanism for investing in these unprofitable, from the point of view of economics, spheres of the Arctic zone of the Russian Federation. It is the creation of competitive clustersCluster in the region that can become a source of economic stability, and will help the Russian economy to create a new and competitive product on the world market. In addition, the article discusses the use of various methods for calculating the efficiency and power of clusters and their impact on socio-economic processes and on the social sphere of the region as a whole. In the present study, we also performed the efficiency of development of clusterCluster structures in the Arctic zone of the Russian Federation. Given a general and scientific assessment of the rationale for the role of human capital in the development of the Arctic zone of the Russian Federation, this article considered the general questions of the methodology for calculating the power of cluster structures. This article presents a modified method of calculating the power of the clusterCluster, which allows defining not only its effectiveness, due to the principle of synergy for exogenous and endogenous regional economicRegional economic changes, but also its expansion into the social component.

Suggested Citation

  • Marta Gowor & Natalya Shebarova, 2019. "Cluster Capacity Calculation Mechanism in Increasing the Efficiency of Regional Production," Springer Proceedings in Business and Economics, in: Mikhail Kaz & Tatiana Ilina & Gennady A. Medvedev (ed.), Global Economics and Management: Transition to Economy 4.0, chapter 0, pages 279-288, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-26284-6_26
    DOI: 10.1007/978-3-030-26284-6_26
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