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Cohesion in bio-pharmacological cluster

The paper analyses the innovation aspects of how a bio-pharmacological cluster operate, including that concerning the connectedness of such cluster. We state that contacts with contractors within a cluster are of critical importance for any cluster's company as any contractor could be regarded as a supplier of new ideas, technologies and innovations for the cluster. On the other hand, the high transaction costs are a major institutional force which limits the cluster's growth.

Markov L. S. [email protected]

Teplova I. G. [email protected]

Yagolnitser M. A. [email protected]

Keywords: regional cluster innovation innovation connectedness inter-regional inequality