CLUSTERS INFLUENCE ON COMPETITIVENESS. EVIDENCES FROM EUROPEAN UNION COUNTRIES
Diana Claudia Sala,
Madalina Dumitrita Maticiuc and
Valentin Partenie Munteanu
Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2016, vol. 10, issue 1, 10-17
Lately, The European Union has established a series of regulations supporting the evolution of clusters as a pillar in the development of the regional economy in order to increase companies and nations competitiveness. Also, Rrecent developments show that rapid diffusion of information in the present innovative environment could drive longer-term growth. With a particular role in creating relations between the public and private sectors, clusters have become a capable tool of increasing firms productivity. The purpose of this paper is to identify the presence or absence of a correlation between the development level of clusters within the European Union states and the competitiveness level of these states, measured by the Global Competitiveness Index (GCI). The study’s object are the countries of Central and Eastern Europe because we noticed that their level of innovation and productivity is significantly behind the countries located in Western Europe.
Keywords: competitiveness; cluster; innovation (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:10:y:2016:i:1:p:10-17
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