Analysis of the conditions for clusters development in regional economy

The aim of this study is to develop methodology for assessing the economic potential for the clusters development in the regions and to test it in the Central Black Earth Region of Russia. Four problems were solved: 1) it was determined which elements of economic potential are significant for clusters formation in the regions, 2) it has developed a system of performance assessment indicators; 3) the economic potential for industrial clustering was analyze in the Central Black Earth Region of Russia; 4) strength, weakness, opportunities and threats were identified for industrial clustering in the Central Black Earth Region of Russia.