Abstract:
The article considers basic theoretical propositions of M. Porter’s cluster theory, including the essence of the notion of “cluster”, reasons for the industrial clusters formation and conditions of their effective functioning; explains the concept of “a rhombus of competitive advantages”, unveils the drawbacks of the term “cluster”, presents the general theory of competitiveness which includes three interconnected blocks of research. Also the article assesses the development of clusters in Russia with reference to the fundamental propositions of M. Porter’s theory.
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