CLUSTER – STRUCTURAL TOOL TO SUPPORT BUSINESS

Daniela Fundeanu Ph.D Student and Cosmin Sandu Badele Ph. D Student
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Daniela Fundeanu Ph.D Student: University of Craiova Faculty of Economics and Business Administration Craiova, Romania
Cosmin Sandu Badele Ph. D Student: University of Craiova Faculty of Economics and Business Administration Craiova, Romania

Revista Tinerilor Economisti (The Young Economists Journal), 2014, vol. 1, issue 22, 135-143

Abstract: The opportunities to access grants have led to institutionalisation of cooperation between partners in a relationship of business in a geographical area organized as a cluster or pole of competitiveness, being a prerequisite to obtain the financing of activities by European programs. In EU view, the cluster is an ”engine” of economic growth and innovation, and represents an appropriate framework for business development through cooperation between companies, universities, research, training, suppliers, customers and competitors located in an area geographical, which creates competitive advantage. The study approach is the cluster as a tool to support the Romanian businesses with financing from structural instruments and highlights the strategic importance for the economic and social progress.

Keywords: cluster; business environment; competitiveness; structural instruments; economic and social impact (search for similar items in EconPapers)
JEL-codes: M16 M21 M38 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2014:i:22:p:135-143

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