REVOLUTIONIZING CLUSTER FINANCING: A NEW DAWN IN ECONOMIC STRATEGY
Journal: International Journal of Advanced Research (Vol.11, No. 6)Publication Date: 2023-07-01
Authors : Mutalova Dilorom Maxamadjanovna;
Page : 222-229
Keywords : Clusters Financing Government Policies Private Sector Investments Public-Private Partnerships Economic Growth Innovation Competitiveness Emerging Economies Industry Development;
Abstract
Clusters are important drivers of economic growth, innovation, and competitiveness. However, financing remains a major challenge for many clusters, particularly those in emerging economies or in industries that are not well-established. This research article explores ways to improve the financing of clusters, including government policies, private sector investments, and public-private partnerships. The article also highlights some successful examples of cluster financing from around the world.
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