Legal form determination for the development of clusters' activities

Raimonda BublienÄ— (), Irina Vinogradova (), Manuela TvaronaviÄ ienÄ— () and Salvatore Monni
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Raimonda BublienÄ—: Vilnius Gediminas Technical University, Lithuania
Irina Vinogradova: Vilnius Gediminas Technical University, Lithuania
Manuela TvaronaviÄ ienÄ—: Vilnius Gediminas Technical University, Lithuania

Insights into Regional Development, 2019, vol. 1, issue 3, 244-258

Abstract: In this study, the authors have investigated the determination of the most suitable legal form for the development of the cluster management activities. In each particular case the developers of the cluster have to assess the objectives of the cluster, the principal aspects of the mutual partnership, the risks that could be provoked, and in accordance with the derived decisions. The choice of the cluster legal activity form depends on the objectives and on the branch in which the cluster is operating, on the number of the cluster participants, on the type of the activities of the cluster, on the openness or closeness to new members, type of the contributions of the partners and the other factors. The most reliable solution regarding the choice of the model of the functioning and management of the cluster has to be derived as well legal regulation of the legal form of the activity discussed. The advantages and disadvantages of two models of the cluster formation discussed. During experimental evaluation, the significance of criteria was determined and the expert evaluation on legal form for the development of clusters activities was performed. Foundation and management of the clusters are determined firstly by the fact that in one case a new established legal person performs the functions of the cluster coordinator while in another case one of the cluster participants performs the functions and partners legal cooperation determined by Agreement on Partnership. Article analyses the multi-criteria decisions-making to establish the cluster with the certain type of juridical form of legal person or to develop cluster management activities by the Partnership Agreement. The recommendations presented by application of MCDM calculus methods with aspect of percentage.

Keywords: MCDM; clusters; juridical form; TOPSIS; COPRAS; SAW (search for similar items in EconPapers)
JEL-codes: K20 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Working Paper: Legal form determination for the development of clusters' activities (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouird:v:1:y:2019:i:3:p:244-258

DOI: 10.9770/ird.2019.1.3(5)

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