ANALYSIS OF THE CURRENT STATE OF CLUSTER DEVELOPMENT IN THE REGIONS OF UKRAINE AND THE WORLD

The cluster approach has become a pivotal model for fostering regional development worldwide, contributing significantly to economic competitiveness, innovation potential, and efficient resource management. This study analyzes the current state of cluster development in Ukraine and compares it with global trends. It highlights the role of clusters in addressing regional economic challenges and improving integration into global markets. Despite its potential, Ukraine faces numerous obstacles in cluster formation, including insufficient funding, weak infrastructure, and a lack of collaboration among businesses, academia, and government. Globally, clusters thrive in industries such as information technology, agriculture, biotechnology, and green energy, with notable success stories in regions like the European Union, the United States, and China. These regions benefit from well-coordinated policies, substantial investments, and developed infrastructure that support cluster growth. In Ukraine, promising sectors such as IT, agriculture, and renewable energy have shown significant progress, yet regional disparities remain a challenge. The uneven distribution of clusters, limited integration into global markets, and an underdeveloped infrastructure hamper their full potential. The study underscores the importance of leveraging global best practices to develop systematic cluster policies, enhance cooperation between stakeholders, and promote innovation. It identifies critical success factors such as state support, advanced infrastructure, favorable investment climates, and international collaboration. Implementing these strategies could transform clusters into key drivers of economic growth and regional development in Ukraine. The findings emphasize the need for a unified approach to cluster policy that considers the unique characteristics and potential of each region. With appropriate measures, Ukraine can harness its natural resources, educational potential, and geographical advantages to establish competitive clusters that contribute to sustainable development.