INNOVATIVE CLUSTER,MODEL OF BUSINESS COOPERATION IN THE SOUTH-WEST OLTENIA REGION

Daniela Fundeanu
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Daniela Fundeanu: University of Craiova Faculty of Economics and Business Administration

Annals of University of Craiova - Economic Sciences Series, 2015, vol. 2, issue 43, 255-280

Abstract: In the global economy, the cluster is considered one of the most important models for cooperation of the business environment, which generates a strong impact on the competitiveness of enterprises, accelerates the process of upgrading industry structure, stimulates the development of innovative process and increases the attractiveness of investment in the regions. Clusters are tools to increase companies' performances, with effects on regional development and competitiveness of countries and it is therefore important to consider their potential in various fields. The public-private partnership through cluster responds to the challenge of exploiting economic potential existing in the region, as elements of the territorial plan. Competitiveness is ensured by a common use of the existing potential of cluster members through the exchange of knowledge and technology transfer, as well as through actions to improve innovation of enterprises activity components. Collaboration and the cooperation between companies play a decisive role in the creation of competitive advantages. Under the terms of the new economic realities, the research paper aims to identify a development model of South-West Oltenia region which to determine the increase in value of economic processes in the region, through its dynamic economic characteristics, economic and spatial layout functionality of the activities.

Keywords: innovative cluster; model of cooperation; partnership; pole of competitiveness; South-West Oltenia Region (search for similar items in EconPapers)
JEL-codes: M10 M21 O32 O41 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2015:i:43:p:255-280

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