CLUSTER ORGANIZATION – CONCEPTUAL BASIS AND ELEMENTS OF LIFECYCLE

Nevena S. Stanisavljeviæ

No 2014-03, Ekonomika, Journal for Economic Theory and Practice and Social Issues from „Ekonomika“ Society of Economists, Niš (Serbia)

Abstract: Improvement of products and production processes, increasement the economic efficiency, greater market power and development potentials are only a part of the benefit from a cluster organizations as a relatively new form of business networking in order to increase the competitiveness. The complexity of the structure of the cluster organization, multiple relationships of different members and partner organizations, as well as the different impact the environment in which it is formed, operates and develops, makes cluster management organization very challenging process. Therefore, the aim of this study is introduce the concept of cluster organizations and elements of its lifecycle - forming, functioninig and development. Numerous factors determine the dynamics of the transition process of a cluster organization from one stage to another of its life cycle, so their identification, consideration of interconnection and interdependence are significant for curent and potential management team of cluster organizations in the aim of effective management.

Keywords: cluster; cluster development; cluster lifecycle (search for similar items in EconPapers)
JEL-codes: L14 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2014-10
New Economics Papers: this item is included in nep-cse
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Persistent link: https://EconPapers.repec.org/RePEc:esb:castrc:2014-320

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