INFLUENCE OF AUTOMOTIVE CLUSTERS IN REGIONAL DEVELOPMENT

Constantin Bordei
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Constantin Bordei: Doctoral School of Economics and Business Administration „Al . I.Cuza” University, Iasi

SEA - Practical Application of Science, 2014, issue 5, 149-158

Abstract: This paper proposes an overview of the evolution in the automotive sector in the process of regional development. The fundamental changes made by the component supplier sector improved the regional development and manufacturing process. Automotive industry is one of the modern sectors in many countries that benefits of a high technology impact and creates jobs that reduces unemployment across Europe. The auto industry changed cities, regions and countries into poles of development and it becomes more and more efficient. The high foreign direct investments from the automotive sector play an important role in regional development process. Continuous changes are being made in the economy, society, and company; in conclusion the automotive clusters will always be a subject of analysis.

Keywords: Cluster; Automotive industry; Regional development; Employment; Geographical concentration (search for similar items in EconPapers)
JEL-codes: F20 O18 R10 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:5:p:149-158

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