Development of innovation cluster in Mongolia for ICT sector /role of high education system/

This paper examines the role of regional clusters in regional entrepreneurship. We focus on the distinct influences on growth in the number of start-up firms as well as in employment in these new firms in a given region-industry. Mongolian government has approved several policy documents to enhance national capacity building. Within the framework of these policy documents, some efforts have been made at initial level from creating legal environment for science and technology oriented activities. The National Development Policy and Action plan of Government of Mongolia specified implementation of different large scale projects, such as high-tech innovation cluster for ICT (Silicon Valley) and other sector, launching of national industry, improving capacities of human resources, which can be implemented together and in cooperation with different organizations. Concept of developing innovation cluster in Mongolia aimed to build a knowledge driven society to enhance living standards of Mongolian people.