South Asian Journal of Marketing & Management Research
  • Year: 2020
  • Volume: 10
  • Issue: 12

The role of innovative economies and clusters in the economic development of regions

1PhD Student, Tashkent Institute of Textile and Light Industry, Uzbekistan

2Master Student, Tashkent Institute of Textile and Light Industry, Uzbekistan

Online published on 16 February, 2021.

Abstract

This article theoretically describes the role of business clusters in ensuring an innovative economy, the main conditions for ensuring innovation, and methods of merging businesses on the basis of equality.

Keywords

Innovation, Business Cluster, Infrastructure, Externalization, Competition And Cooperation, “Spin-Off”, “Knowledge Filter”