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Authors: Rūta Čiutienė 1 ; Andrii Karpenko 2 ; Nataliia Kholiavko 3 and Dmytro Plynokos 4

Affiliations: 1 School of Economics and Business, Kaunas University of Technology, Kaunas, Lithuania ; 2 Economy and Custom Department, National University “Zaporizhzhya Polytechnic”, Zaporizhzhya, Ukraine ; 3 Department of Finance, Banking and Insurance,Chernihiv Polytechnic National University, Chernihiv, Ukraine ; 4 Economic Sciences, Entrepreneurship, Trade and Exchange Activities Department, National University “Zaporizhzhya Polytechnic”, Zaporizhzhya, Ukraine

Keyword(s): Innovation, Quadruple Helix Model, Smart Specialization, Project Management, Cluster.

Abstract: The purpose of the study is to consider the processes of formation and development of the Zaporizhzhia cluster EAM, on the theoretical basis of smart specialization. The conducted analysis of development of the Zaporizhzhia cluster showed that the basis of its creation and functioning is in the field of innovation and the combination of education, science, business and public interests. The Quadruple Helix model gives an idea of the modern organization of innovation processes and the role of the government, local authorities, business, educational institutions and civil society for the formation of the innovation environment. The stakeholders’ cooperation within the Quadruple Helix Model creates different synergetic effects. The main of them are scale, multiplier, marketing, innovation, investment, management, social capital, innovation infrastructure. The partnership of universities, business, government, local authorities, and civil society within the Model makes it possible to suc cessfully implement the regional strategies of smart specialization. The authors came to the conclusion that the approaches of modern project management could be effectively used for the formation of a sustainable cluster management system. Under such conditions, the Project Management 2.0 Approach could make it possible to introduce innovative products and technologies, modernize production processes, and create new sustainable business models. (More)

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Paper citation in several formats:
Čiutienė, R.; Karpenko, A.; Kholiavko, N. and Plynokos, D. (2022). Management of Innovative Business Development in the Zaporizhzhia Cluster EAM 4.0. In Proceedings of the 5th International Scientific Congress Society of Ambient Intelligence - ISC SAI, ISBN 978-989-758-600-2, pages 177-186. DOI: 10.5220/0011346500003350

@conference{isc sai22,
author={Rūta Čiutienė. and Andrii Karpenko. and Nataliia Kholiavko. and Dmytro Plynokos.},
title={Management of Innovative Business Development in the Zaporizhzhia Cluster EAM 4.0},
booktitle={Proceedings of the 5th International Scientific Congress Society of Ambient Intelligence - ISC SAI,},
year={2022},
pages={177-186},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011346500003350},
isbn={978-989-758-600-2},
}

TY - CONF

JO - Proceedings of the 5th International Scientific Congress Society of Ambient Intelligence - ISC SAI,
TI - Management of Innovative Business Development in the Zaporizhzhia Cluster EAM 4.0
SN - 978-989-758-600-2
AU - Čiutienė, R.
AU - Karpenko, A.
AU - Kholiavko, N.
AU - Plynokos, D.
PY - 2022
SP - 177
EP - 186
DO - 10.5220/0011346500003350