Development of SME within the Regional Cluster

E. G. Popkova, M. K. Romanova and E. S. Akopova

Advances in Management and Applied Economics, 2012, vol. 2, issue 4, 13

Abstract: Existing cluster policies, which are being implemented in some developing countries, tend to be directive and inflexible; moreover, artificial clusterization may lead to suppression of SME in a region and to decrease in social welfare. Therefore, cluster strategy modernization is of a great significance.

Date: 2012
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