Development of an algorithm for the formation and development of regional clusters in order to increase the investment attractiveness of regions

   The article discusses the prospects of increasing the investment attractiveness of Russian regions with the help of cluster policy tools and the formation of regional clusters as specific regional structures that allow solving many problems of spatial development of the subjects of the Russian Federation by obtaining a number of synergetic effects for the regional economy. At the same time, regional authorities should pay special attention to the cluster formation procedure itself, recognizing cluster initiatives in a timely manner and contributing to the processes of cluster formation in a natural way when the idea of their creation comes from the participants themselves, as well as effective support for existing clusters, helping them quickly adapt to changing macroeconomic conditions of functioning. Such an approach to cluster policy will, on the one hand, contribute to the implementation of only viable cluster initiatives, and on the other hand, will lead to a real improvement in the investment climate in the region.

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