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In the present-day context, economic growth based on the cluster-oriented approach is considered to be one the most rewarding and effective mechanisms to improve the competitive strength of the regions in the country, as well as stimulate the innovative activity within the advanced social and economic development areas. The industrial cluster sustainable development model would be impossible to be implemented without setting up a definite management mechanism and system. As such, this article outlines the framewor...

Practice of cluster development, being guided by basic provisions of theories, has certain national peculiarities and differs over the certain countries with the width of territorial coverage, extent of regulation, and forms of state participation as well. In Russia’s economy problems both of origin, and effective functioning of clusters remain actual. We assume that a binding condition of effective cluster development in the Russian Federation is the system monitoring of clusters activity that allows participants...