Potential Areas of Application of the Cluster Approach to Recovery of the Ukrainian Economy

Abstract

The article defines the essence, principles of the cluster approach and its advantages in the context of economic recovery. An analysis of the experience of applying the cluster approach in different countries and its correspondence to Ukrainian realities was carried out. The potential areas of application of the cluster approach to the recovery of the Ukrainian economy are considered. The advantages and disadvantages of using the cluster model in the conditions of Ukraine are determined and examples of countries where the cluster approach was successfully implemented are given. Mechanisms of state support for clusters and the importance of infrastructure development for the successful implementation of the cluster strategy are substantiated.