Cluster Development as a Factor to Increase the Investment Attractiveness of the Region
Level of investment attractiveness of the region depends largely on the actions of regional authorities in the direction of a constructive dialogue with the business. There is a need to balance the interests of the state and business in order to increase the economic potential of the regions, the implementation of socio-economic interests of the population, attracting citizens to drive the development of its territory and the effective use of local resources, and as a consequence, increase the investment attractiveness of the regional economy. The article examines the socio- economic essence of clusters in the regional economy, offers ways of improving regional policies to encourage the creation of clusters in order to increase the investment attractiveness of the region.
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Mediterranean Journal of Social Sciences ISSN 2039-9340(Print) ISSN 2039-2117(Online)
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