Keywords
region
cluster
public-private partnership
organizational set-up
How to Cite
Abstract
The article considers the organizational set-up of the regional economic cluster with the participation of small enterprises and substantiates the benefits of public-private partnership for members of a such association. In conditions of economic turbulence, the relevant topic for research is the findings ways to increase the competitiveness of the regions of Ukraine. Particular attention needs to be paid to industrial regions where areas of specialization are represented by large enterprises with earlier production technologies. The intensification of small business is the driving force for the restructuring of the economy in such regions and the diversification of enterprises. In the interest to stimulate the development of industrial regions, the author proposes to create regional economic clusters in priority sectors with the participation of small enterprises. The presented organizational set-up of the cluster helps to solve the problems of financing, marketing, risk minimization for small businesses, namely the creation of a single scientific and technological platform for output on the basis of global innovative technologies; providing favourable conditions for continuous upgrading of production; expanding the range of available opportunities for business growth; development of effective cooperation between enterprises that are members of the cluster and third-party organizations. Public-private partnership is a prospective basis for the formation of a successful regional economic cluster. The use of public-private partnership in the formation of regional economic clusters provides the opportunity for small businesses to gain access to previously closed areas of the economy, increase opportunities to obtain loans from domestic and foreign financial institutions under state guarantees. The advantages of state participation in cluster associations based on public-private partnership are the ability to attract private capital to implement regional investment projects, improve management of public property and remain the owner of assets saving their own financial resources.
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