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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...

As things stand now, the two foreground factors, among others, contributing to sustainability of the integrated structures represented by regional industry clusters are sound use of energy resources and improvement of the economic efficiency of energy conservation measures and technologies being mastered by the manufacturers. The issues related to tailoring of a package of energy conservation measures followed by assessment of the influence produced by energy conservation projects on the efficiency and sustainabil...

The paper concentrates on a study of the cluster-based concept of regional economies development. It has been empirically proven that the cluster-based approach appears to be one of the most effective instruments for regional economic growth and businesses integration. The approach is premised on formation of territorial-industrial clusters within which a network of interacting private, municipal and state enterprises, organizations and institutions is setup which facilitates joint efforts to address particular ec...