THE INFLUENCE OF KNOWLEDGE MANAGEMENT IN THE DEVELOPMENT OF CLUSTERS

Cristina VLÃSCEANU

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2013, vol. 7, issue 1, 541-546

Abstract: With the emergence of the global economic crisis, the economies of many countries were unbalanced, and investors were affected, sometimes dramatically lowering performance in some sectors. The battle to attract and retain investors emerged increasingly more. Managerial strategies were changed as well, being adapted to the given situation. Through this work I wanted to show the influence of knowledge management on the development of clusters in the current situation of post-crisis. The main goal of supporting the development of clusters is to create jobs, especially now when unemployment is at record levels, and of developing the regions and the economy.The intervention of knowledge management in cluster development can have a number of advantages: increased profitability of the sector in question, addressing differentiation strategy through quality, decrease of the differentiation cost by maintaining under control the cost of the driving forces. This paper mentions the results, identifying and determining influence / role of knowledge management on the development of clusters, by following the links between knowledge management and development of clusters. At the basis of the study lies the analysis of theoretical and practical concepts on knowledge management in global and European clusters; the conclusions of the evaluation, in the current situation, in terms of knowledge management, in developing clusters, reflects the need for the strong relationship between the two concepts and the benefits that occur from their interconnection.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:7:y:2013:i:1:p:541-546

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