Comparative Analysis of Waste Management and Pollution Elimination Clustering in Russia and Finland

Abstract

The possible creation of a transboundary cluster for waste management and pollution elimination was considered, within which the member organizations of Russia and Finland would be able to augment each other's potentials and strengthen their competitiveness by jointly using current knowledge, technologies, experience and resources. A comparative analysis of the sector concentration in the border areas of the Russian Federation and Finland was made based on employment data, fixed capital expenditures and earnings which makes possible to identify a high employment ratio in waste management in Leningrad region and the Republic of Karelia, and investment in fixed capital in the Republic of Karelia and Finland. These results may be used to launch an efficient industrial cooperation of both Finnish and Russian parties.