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Impact of Innovative Clusters on International Competition

Author

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  • Victor Ivanovich KOROLEV

    (Russian Foreign Trade Academy, Moscow, Russia)

Abstract

The article examines the relationship between innovative clusters and international competition. Creation of innovative clusters requires certain prerequisites. A cluster represents a new form of competitive relations. Innovation cluster creation is one of the basic elements of increasing country’s competitiveness. Nowadays international competition between countries is turning into competition between clusters and cluster development. The importance of innovative competition between world market participants is increasing. Cooperation between competing companies is becoming increasingly important in the expansion of international competition. International competition is greatly influenced by the digitalization of clustering processes.

Suggested Citation

  • Victor Ivanovich KOROLEV, 2022. "Impact of Innovative Clusters on International Competition," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 11, pages 7-16, November.
    • Handle: RePEc:alq:rufejo:rfej_2022_11_7-16
    DOI: 10.24412/2072-8042-2022-11-7-16
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