The Social Effects of Functioning of the Regional Clusters in the Economy: Mechanisms of Formation and Approaches to the Calculation

• Main Authors: Palyvoda Olena M., Karpenko Oksana O.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2017-03-01
• Series: Bìznes Inform
• Subjects: cluster; social effect; evaluation of social effects; indicators of social effects
• Online Access: http://www.business-inform.net/export_pdf/business-inform-2017-3_0-pages-103_108.pdf
• ISSN: 2222-4459; 2311-116X

The article is concerned with analyzing the social results of functioning of the cluster networks as important components of forming positive image of the companies’ totality in the opinion of consumer. These networks are also responsible for increasing incomes as well as improving the investment climate in the regions. Groups of social effects at the micro-, macro-, and regional levels have been allocated, a system of indicators for calculating them has been proposed. The article analyzes mechanisms of formation of such social effects as creation and modernization of both additional and existing jobs, growth of both the employment and the welfare of population, maintaining the ecological balance, improving the availability of workers with the necessary for the market qualifications, as well as formation of social capital. Special attention is paid to the possibility of emerging adverse social effects and importance of foreseeing measures in order to neutralize them. The algorithm for evaluation of the social effects of cluster interaction has been proposed. The presented studies have practical value for company managers along with representatives of both the local and the national authorities in the planning and evaluating the results of functioning of the regional clusters.