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Problems and Approaches to the Development of Concepts of Innovative Cluster Associations

Journal: Management of the economy: theory and practice (Vol.14, No. 14)

Publication Date:

Authors : ;

Page : 137-147

Keywords : cluster; innovation; competitiveness; cluster members; infrastructure; regulatory bodies; social factors; network connections; cluster economy; geographic location; geographic aspects.;

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Abstract

This article discusses various aspects of cluster development in economics, including the historical, economic, geographic, social, political, ecological, educational, and innovation aspects. The term “cluster economy” appeared in scientific research in the 1990s, but the idea of developing entrepreneurship in cooperation with other enterprises working in the same industry has a long history. Cluster economics is a concept of economic development based on grouping enterprises that operate in the same or related industries into separate clusters to promote collaboration and increase production efficiency. The development of cluster economics depends largely on the geographical location of the enterprises and other cluster participants, as well as on the social structure and improvement of the living conditions of the people in the cluster. Political support can play a vital role in ensuring the stability and growth of such a business model. The development of cluster economics can have both positive and negative ecological impacts. The educational aspect of cluster development is essential because knowledge and innovation are key success factors in cluster economics. Successful clusters often rely on high-quality education, research, and development. The innovation aspect of cluster development highlights the potential for the emergence of new products, services, and technologies through the exchange of knowledge and ideas between companies with different specializations, which can be more efficient and innovative than those currently on the market.

Last modified: 2023-07-18 19:50:26