The decision was formally endorsed on October 31, 2012 on the opening day of the Open Innovation international forum in Moscow.
Under terms of the Union Declaration, the new association welcomes regional innovation clusters that make products and offer services in the IT and electronics sectors.
The short- and mid-term objectives reportedly include the development of the mechanisms of interaction between the clusters and the state and/or large-scale corporations, and also ways of effectively tapping into the clusters’ economic, R&D and manufacturing potential. The overall goals are the facilitation of inter-cluster horizontal-level interaction and the spurring of competition in the innovation markets.
At the moment, the Union incorporates the innovation IT and electronics clusters in Zelenograd (Moscow), Dubna (a town some 80 miles north of Moscow), and the Novosibirsk and Tomsk regions (Siberia).
Yuri Vasilyev, the top manager of the Zelenograd special economic zone (SEZ), has been elected president of the Union.