Title: Cluster concept as a direction of effective use of investment potential
Abstract: The article reveals characteristics of innovative way of development in unstable economic condi-tions. During research, the advantages of cluster conception are analyses, as a mechanism of the imple-mentation of innovative development and a new economic system with optimal usage of resources. The International experience testifiers to high efficiency of cluster associations. The necessity of implementing the cluster concept as an innovative process of Ukrainian economy development and the necessity of acquiring world experience in the development of cluster models. It was announced that the international experience testifies to the high efficiency of economic activity of clusters