Page 58 - Theoretical and Practical Interpretation of Investment Attractiveness

Local Government Institutional

Entrepreneurship
Entrepreneurship Infrastructure
Support Infrastructure

Vertical Integrated Cluster

Resources for Agricultural Enterprises

Users of Innovative Products Agricultural Enterprises

Market Infrastructure (Innovative
Product) Final Product Manufacturers (Food Industry

Figure 1.4.3. "Organizational-economic model of a vertically integrated cluster
76
(agrocluster example) ."
It sounds like you're discussing the development of local clusters in the context of local
governance and self-governing bodies participating as initiators in shaping and developing
these clusters. These bodies are actively involved in organizing events and initiatives for the
organizational development of clusters and providing support to achieve the goals.
The formation of a vertically integrated cluster in a region aims to create the final
product, supporting the entire chain of financial-economic, logistical, and other related areas.
According to experts, the effective interaction of various production processes in the region
within the framework of the infrastructure of this cluster contributes to the increase in the
effectiveness of mutual influence of various production processes in the region, according to
experts.
In our opinion, in the composition of a vertically integrated cluster in the region, it is
necessary to activate the system for creating the following institutions of the market
infrastructure, related to the stage of its development:
Stage 1. Identifying the ongoing participants of the cluster and developing regional
strategies for economic clustering - Chamber of Commerce and Industry.

76 It was based on the information from the doctoral dissertation of Khomenko Ye.B. "Management of Entrepreneurship
Infrastructure Development in the Transition to the Information Economy" (Saint Petersburg, 2014)
55