Implementation of the Provisions of the Cluster Theory into the Accounting System: Genesis and Evolution

Abstract

In current economic conditions, a large number of enterprises carry out their activities by joining into network (cluster) structures, which is one of the means of improving competitive relations in the external environment. To ensure the integration of the interests of participants in network structures by increasing the coordination and controllability of interactions, a significant place is given to the accounting system as the main source of information. The article aims to study the theoretical and methodological foundations of implementing the cluster economy concept in the accounting system. The methodological basis is the fundamental provisions of modern economic institutional theory and scientific works of scientists. As a result of the research, it was possible to analyze the historical aspects of the development of accounting support for managing cluster structures. The areas of development of accounting based on the provisions of economic theory and taking into account the specific features of cluster structures are identified and substantiated.

References

[1] Asheim, B., and Isaksen, A. 1996. Location, agglomeration and innovation: towards regional innovation systems in Norway. Working paper. Oslo, Step Group, 64 p.
[2] Audretsch, D., and Feldman, M. P. 2004. Knowledge Spillovers and the Geography of Innovation. Handbook of Regional and Urban Economics, 4: 2713-2739. DOI: https://doi.org/10.1016/S1574-0080(04)80018-X
[3] Bathelt, H., Malmberg, A., and Maskell, P. 2004. Clusters and knowledge: local buzz, global pipelines and the process of knowledge creation. Progress in Human Geography, 28(1): 31–56. DOI:https://doi.org/10.1191/0309132504ph469oa
[4] Bondar, M. I. 2010. Conceptual approaches to the development of accounting in Ukraine. The role and place of accounting, control, and analysis in the development of economic science and practice: Collection of materials of the international scientific and practical conference, Kyiv: KNEU, 568 p.
[5] Carlsson-Wall Martin et al. (Editors) 2018. Accounting, Innovation, and Inter-Organisational Relationships. New York, NY: Routledge. DOI: https://doi.org/10.4324/9781315110998
[6] Castells, M. 2010. The Information Age: Economy, Society and Culture: The Rise of the Network Society. 2nd ed. Oxford: Wiley Blackwell. p. 406.
[7] Chapman, C.S. 1998. Accountants in organisational networks' Accounting, Organizations and Society, 23(8): 737-766. DOI: https://doi.org/10.1016/S0361-3682(98)00033-6
[8] Coase, R. 1988. The Firm, the Market and the Law, The University of Chicago Press, USA.
[9] Dahmen, E. 1988. Development Blocks in Industrial Economics. Scandinavian Economic History Review, 36: 3-14. DOI: http://dx.doi.org/10.1080/03585522.1988.10408102
[10] Ellison, G., and Glaeser, E. L. 1999. The Geographic Concentration of Industry: Does Natural Advantage Explain Agglomeration? American Economic Review, 89(2): 311-316. DOI:https://doi.org/10.1257/aer.89.2.311
[11] Enright, M. J. 2003. Regional Clusters: What We Know and What We Should Know [in:] Bröcker, J., Dohse, D., Soltwedel, R. (eds.), Innovation Clusters and Interregional Competition.
[12] Etzkowitz, H. 2002. Incubation of incubators: innovation as a triple helix of university-industry-government networks. Science and Public Policy, 29(2): 115-128.
[13] García-Villaverde, P.M., Parra-Requena G., and Molina-Morales F.X. 2018. Structural social capital and knowledge acquisition: implications of cluster membership' Entrepreneurship & Regional Development, 30(5-6): 530-561. DOI: https://doi.org/10.1080/08985626.2017.1407366
[14] Glasov, P. V. 2020. Improvement of the organizational and economic mechanism of strategic management accounting of enterprise costs in the conditions of economic clustering in Ukraine. Economics, Management and Administration, 3(93): 23-27. DOI: https://doi.org/10.26642/ema-2020-3(93)-23-27
[15] Gordon, I.R., and MacCann, Ph. 2000. Industrial Clusters: Complexes, Agglomeration and/or Social Networks? Urban Studies, 37(3): 513-532.
[16] Håkansson, H., and Lind, J. 2004. Accounting and network coordination. Accounting, Organizations and Society, 29(1): 51-72. DOI: https://doi.org/10.1016/S0361-3682(02)00058-2
[17] Håkansson, H., Kraus, K., and Lind, J. 2010. Accounting in Networks (1st ed.). Routledge. 382 р. DOI:https://doi.org/10.4324/9780203854310
[18] Hamdouch, A. 2007. Innovation clusters and networks: a critical review of the recent literature' 19th EAEPE Conference. Porto: Universidade do Porto, 30 р. Available online at: https://www.fep.up.pt/conferencias/eaepe2007/papers%20and%20abstracts_cd/hamdouch.pdf
[19] Hopwood, A. G. 1996. Looking across rather than up and down: on the need to explore the lateral processing of information. Accounting, Organizations and Society, 21: 589–590.
[20] Hyk, V. V. 2021. Optimization of costs for innovations of industrial enterprises Western Ukraine in ensuring sustainable environmental development. E3S Web of Conferences, 234, 00049. DOI:https://doi.org/10.1051/e3sconf/202123400049
[21] Hyk, V., Vysochan, O., and Vysochan, O. 2021. Modeling the options for accounting for the innovation costs of industrial enterprises in Ukraine. Intellectual economics, 15(1): 88-103. DOI: 10.13165/IE-21-15-1-06
[22] Hyk, V., Vysochan, O., and Vysochan, O. 2022a. Integrated reporting of mining enterprises: bibliometric analysis' Studies in Business and Economics, 17(3): 90-99. DOI: https://doi.org/10.2478/sbe-2022-0048
[23] Hyk, V., Vysochan, O., and Vysochan, O. 2022b. Analysis of the relationship between the state of cluster development and sustainable growth: evidence from European countries. Eastern Journal of European Studies, 13(2): 246-262. DOI: https://doi.org/10.47743/ejes-2022-0212
[24] Issabekov, B., Bayanbayeva, A., Altynbassov, B., and Barlykov, Y. 2022. University-Business Cooperation as a Key Factor in Innovative Economic Development in Kazakhstan. Theoretical and Practical Research In Economic Fields, 13(1): 86 - 101. DOI: https://doi.org/10.14505/tpref.v13.1(25).07

[25] Karapetyan, E. and Kvasovskyi, O. 2014. Genesis and evolution of the concept of industrial clusters. Bulletin of the Ternopil National University, 1: 36-48.
[26] Karlsson Ch. (Editor) 2008. Handbooks of research on clusters series. Published by Edward Elgar Publishing Limited. Northampton, MA, USA. 332 p.
[27] Karpenko, A., Gurbyk, Yu., and Karpenko, N. 2021. Genesis of cluster theory in economic science. Regional aspects of the development of productive forces of Ukraine, 26: 4-16. DOI:https://doi.org/10.35774/rarrpsu2021.26.004
[28] Kireytsev, H.G. 2011. Changes in the conditions for the development of accounting for the activities of Ukrainian agro-industrial complex enterprises. Implementation of IFRS in Ukraine: problems and prospects for the agricultural sector. VII International Scientific and Practical Conference. NSC 'Institute of Agrarian Economics' NAAS, November 25, 2011. Kyiv, Ukraine.
[29] Krugman, P. 1991. Increasing Returns and Economic Geography' Journal of Political Economy, 99(3), pp. 483-499. Available online at: https://pr.princeton.edu/pictures/g-k/krugman/krugman-increasing_returns_1991.pdf
[30] Kulmala, H. I. 2002. Open-Book Accounting in Networks. LTA, 2(2): 157–177. Available online at: http://lta.lib.aalto.fi/2002/2/lta_2002_02_a2.pdf
[31] Kulyniak, I., Novakivskyi, I., Karyy, O., Halkiv, L. and Ohinok, S. 2022. Cluster Analysis as an Assessment Tool of the Impact of the COVID-19 Pandemic on the Development of Tourism in the Regions of Ukraine. 2022 IEEE 17th International Conference on Computer Sciences and Information Technologies (CSIT), Lviv, Ukraine, 2022, pp. 305-308. DOI: https://doi.org/10.1109/CSIT56902.2022.10000534
[32] Kyriazis, V., Metaxas, T. 2023. Using Markunsen’s Typology as a Starting Point to Examine the Case of the Center for Defense Space and Security Cluster: The State-Anchor Type of Cluster.Theoretical And Practical Research In Economic Fields, 14(2): 378 - 392. DOI: https://doi.org/10.14505/tpref.v14.2(28).17
[33] Kyzym, M. O. 2011. Industrial policy and clustering of the economy of Ukraine: monograph: VD 'Inzhek.
[34] Lehenchuk, S.F., Valinkevych, N.V., Vyhivska, I.M., and Khomenko, H.Yu. 2020. The significant principles of development of accounting support for innovative enterprise financing. International Journal of Advanced Science and Technology, 29(8s): 2282-2289.
[35] Levina, M. V. 2015. Formation of an accounting policy regarding transaction costs of the hotel cluster Business Inform, 11: 288-293.
[36] Lundvall, B.-Å. 2010. National Systems of Innovation: Toward a Theory of Innovation and Interactive Learning. Anthem Press. Available online at: http://www.jstor.org/stable/j.ctt1gxp7cs
[37] Marshall, A. 1920. Principles of Economics, London: Macmillan and Co.
[38] Mehovich, S.A., and Demydenko, M. C. 2018. Improvement of the accounting system in the conditions of the implementation of the innovative cluster policy. 14th International Scientific and Practical Conference 'Research and Optimization of Economic Processes. Optimum-2018. December 5-7, 2018. Kharkiv, Ukraine.
[39] Mouritsen, J., and Thrane, S. 2006. Accounting, network complementarities and the development of inter-organisational relations. Accounting, Organizations and Society, 31(3): 241-275. DOI:https://doi.org/10.1016/j.aos.2005.04.002
[40] Mouritsen, J., Hansen, A., and Hansen, C.Ø. 2009. Short and long translations: Management accounting calculations and innovation management' Accounting, Organization and Society, 34 (6-7): 738-754.
[41] National program of cluster development until 2027: Concept. Landmarks of development. Recommendations. 74 p. Available online at: https://mautic.appau.org.ua/asset/166:proekt-nacprogrami-klasternogo-rozvitkudo-2025-v1pdf
[42] Otley, D., Broadbent, J., and Berry, A. 1995. Research in Management Control: An Overview of its Development. British journal of management, 6(1): 31-44. DOI: https://doi.org/10.1111/j.1467-8551.1995.tb00136.x
[43] Pankova, L.I. 2019. Development of the theory of regional clusters in fundamental areas of economic thought. Black Sea Economic Studies. Issue, 48(1): 7-15. DOI: https://doi.org/10.32843/bses.48-1
[44] Porter, M. E. 1998. Clusters and the New Economics of Competition, Harvard Business Review.
[45] Pylypenko, A. A. 2012. Consolidation of accounting information in the reflexive management of the development of the competitive potential of the tourism and recreation cluster. BusinessInform, 11: 48-51.
[46] Revellino, S., and Mouritsen, J. 2009. The multiplicity of controls and the making of innovation. European Accounting Review, 18(2): 341-369.
[47] Rybak, Yu. V. 2012. Theoretical foundations of the study of the development and functioning of clusters in the conditions of global competition. Formation of market relations in Ukraine, 2(129): 94-101.
[48] Sadchenko, O. V., and Gogol, M. M. 2010. Aspects of improving management accounting in conditions of vertical integration and business clustering. Economic Bulletin of the National Mining University, 4: 95-99.
[49] Sheikin, D.A. 2016. From the theory of clusters to the theory of cluster development of regions: evolution and problems. Creative economy, 10(11): 1263-1272. DOI: https://doi.org/10.18334/ce.10.11.37069
[50] Simmie, J., and Sennett, J. 1999. Innovative clusters: Global or local linkages? National Institute Economic Review, 170: 87-98. DOI: https://doi.org/10.1177/002795019917000112
[51] Sokolenko, S. I. 2004. Clusters in the global economy: monograph: Kyiv, Logos, 848 p.
[52] Sölvell, Ö. 2008. Clusters Balancing Evolutionary and Constructive Forces. Stockholm: Ivory Tower Publisher, 100 p.
[53] Storper, M., and Venables, А. 2003. Buzz: Face-to-Face Contact and the Urban Economy. Working paper. London: London School of Economics and Political Science, 35 р. Available at: http://eprints.lse.ac.uk/20008/1/Buzz_Face-toFace_Contact_and_the_Urban_Economy.pdf
[54] Tomkins, C. 2001. Interdependencies, trust and information in relationships, alliances and networks. Accounting, Organizations and Society, 26(2). DOI: https://doi.org/10.1016/S0361-3682(00)00018-0
[55] Torre, A. 2006. Clusters et systèmes locaux d'innovation retour critique sur les hypothèses naturalistes de transmission des connaissances à l'aide des catégories de l'économie de la proximité. Région et développement, 24. Available at:https://regionetdeveloppement.univ-tln.fr/wp-content/uploads/R24_Torre.pdf
[56] Ulyanchenko, Yu. O. 2010. Institutional factors of innovative development of regions based on the cluster approach. Public administration: theory and practice, 2: 184-189.
[57] Voynarenko, M.P. 2008. Clusters as poles of regional competitiveness growth. Economist, 10: 27-30.
[58] Vysochan, O. S. 2016. The concept of cluster accounting: characteristics and features. Accounting and finance, 1(71: 15-21.
[59] Vysochan, O., Hyk, V., and Vysochan, O. 2021. Institutional theory of accounting as a tool of social ideology. Cogito, 13(4): 198–208.
[60] Vysochan, O., Vysochan, O., and Hyk, V. 2021. Cluster analysis of charitable organizations of Ukraine using K-means technology. Administratie si Management Public, 37: 117-131. DOI:https://doi.org/10.24818/amp/2021.37-08
[61] Vysochan, O., Vysochan, O., Chubai, V., and Hyk, V. 2022a. Segmentation of Charitable Organizations in Ukraine Using Clustering Technology. Quality - Access to Success, 23(187): 102–108. DOI:https://doi.org/10.47750/QAS/23.187.12
[62] Vysochan, O., Vysochan, O., Hyk, V., and Boychuk, A. 2022b. Multi-criteria evaluation of innovative projects by means of ELECTRE application. Business: Theory and Practice, 23(2): 445-455. DOI:https://doi.org/10.3846/btp.2022.15001
[63] Yukhymenko-Nazaruk, I. A. 2017. Development of accounting theory and methodology in the context of neo-institutional theory: monograph: Zhytomyr: Ed. O. O. Evenok, 300 p.
[64] Order of the Cabinet of Ministers of Ukraine 'On approval of the Concept of creating clusters in Ukraine' 2008. Available online at: https://www.ligazakon.ua/news_old/ga012109.html
[65] OECD. 2015. G20/OECD Principles of Corporate Governance, OECD Publishing, Paris. http://dx.doi.org/10.1787/9789264236882-en  
Published
2024-03-29
How to Cite
VYSOCHAN, Oleh et al. Implementation of the Provisions of the Cluster Theory into the Accounting System: Genesis and Evolution. Theoretical and Practical Research in Economic Fields, [S.l.], v. 15, n. 1, p. 5 - 16, mar. 2024. ISSN 2068-7710. Available at: <https://journals.aserspublishing.eu/tpref/article/view/8357>. Date accessed: 20 apr. 2024. doi: https://doi.org/10.14505/tpref.v15.1(29).01.