Clusters – Value Added Creators for SMEs

Mădălina Dumitrița Maticiuc

Annals of the University of Petrosani, Economics, 2018, vol. 18, issue 1, 113-120

Abstract: Clusters support the competitiveness of SMEs and they foster the growth of economies in transition and developing countries. They give enterprises the chance to gain experience and to improve the services they offer. Before forming strategic partnerships, SMEs should evaluate their capabilities and their potential and should take into account the fact that, inside a cluster, SMEs can benefit from the synergy between members that fosters the individual competitiveness. The purpose of this paper is to review the existing literature on creating added value by clustering and to identify the main research tendencies in this area of interest. The study focuses on improving our understanding of the relation between value and capabilities in SMEs partnerships formation inside clusters.

Keywords: cluster; Small and Medium Enterprise (SME); added value; competitiveness; innovation (search for similar items in EconPapers)
JEL-codes: L25 L26 L60 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:18:y:2018:i:1:p:113-120

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