Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 17 ISSUE 2
Written by Liudmila TODOROVA

In today's world, the scenario of long-term economic development of any country presupposes the growth of its competitiveness in both traditional and new knowledge-intensive sectors, a breakthrough in improving the quality of human capital and labor productivity trends, the transformation of innovative factors into the main source of economic growth. Solving these problems requires creating a system of clear interaction between government, business, science and education through the use of effective tools of innovation development, among which an important role is played by the cluster approach. The relationship between the clustering process, strengthening of competitiveness and accelerate of innovation activity - a new economic phenomenon, which allows resisting the onslaught of global competition and properly meet the requirements of national and regional development. The cluster approach - this is a new management technology that allows to improve the competitiveness of a particular region or industry, and the state as a whole. And this approach has become a basic element of development strategies in most countries. The most important characteristic of the modern cluster is an innovative component, which determines its competitiveness. As a result, innovation clusters are beginning to prevail over the traditional industrial clusters.

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