Public and private partnership in the regional developmentin terms of economic tension
The need for the development of the productive forces, additional sources finding of balancing regional and local budgets and ensuring population employment of in conditions of economic strength and expanding needs of import substitution products becomes more acute. It is urgent to work out the organizational forms and mechanisms of activating public-private partnership in the territorial entities. The paper substantiates the position that under severe resource constraints, one of the ways of development of productive entrepreneurship can act as the association of small and medium businesses through industry concerns (companies) and syndication as well as the formation of territorial and economic clusters in the sub-localities.