The Socio-Economic Role of Entrepreneurial Universities in Development of Innovation-Driven Clusters: The Russian Case

  •  Olga Korzhenevskaya    


Nowadays, Russia has to build its foreign policy in the difficult conditions of aggravation of internationalrelations with the traditional economic partners, imposing sanctions on leading domestic enterprises andrestricted access to resources such as capital in world markets. Of course, all these factors have the negativeimpact on the Russian economy as a whole. So it requires rapid business-process reengineering in the existingeconomical system and more effective organization of domestic industry. Restriction on actions in accustomedmarkets, in familiar environment provokes a pre-crisis situation. It creates a strong motivation to innerdevelopment of the national economy, commitment to internal business needs and diversification of priorities forlong-term cooperation. So, it is very important for Russia to find the effective tools of real socio-economicalimprovements in home markets and revitalize its business climate. The good alternative to raw-based orientationis advancement of manufacturing industry and high-tech production. Unfortunately, it happens not so often inmany brunches of Russian economy. For an isolated case to become a national trend, it is necessary to create anintertwined system of stable relations between enterprises and institutional organizations in different regions ofthe country. This article analyzes the prospects for creation of regional innovation-driven clusters in specificRussian conditions. The special role in formation of such clusters belongs to entrepreneurial universities, whichare not only able to generate new technologies and innovative products, but also serve as a source of institutional,organizational, cultural and communication innovations that are useful for the business community.

This work is licensed under a Creative Commons Attribution 4.0 License.