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The article describes different methodological; approaches to determine economical substance of innovative cluster on the level of regional economy of Russia from the point of view of foreign and Russian economists. The key elements of the notion of National innovative system on the basis of approaches of International organization of cooperation and development are determined. DOI: 10.5901/mjss.2014.v5n12p159

Essence and Economical Substance of Innovative Cluster in Territorially Localized Business System