Development of a Cluster Approach in Regional Management in the Russian Federation

The study is devoted to analyzing the impact of clusters on the activities of enterprises operating in them, using the example of «Chemical Industry» clusters. The study used data from the «SPARK» database on the number of employees, revenue and equity capital of enterprises operating in and outside the cluster. Information from the «EMISS» database on regional indicators that may affect the activities of enterprises was also analyzed. Based on the collected data, a regression analysis was conducted, which allowed us to identify a positive impact of the entry of the enterprise of the industry «Chemical industry» in the cluster on its revenue. This means that the enterprises that are part of the cluster can achieve higher revenue performance compared to the companies operating outside the cluster. This result suggests that cluster organization helps to improve the performance of enterprises by creating synergy and cooperation among companies in the industry. These findings can be useful for the business community, regional authorities and economic policy makers when making decisions on the support and development of clusters in the industry «Chemical Industry», as well as for the formation of cooperation strategies between enterprises within clusters.