Cluster analysis
Networks of economic entities, such as industrial enterprises and common production cycles, and organizations that provide support services (banks, consulting and marketing firms, research and educational institutions, insurance companies) form clusters, a complex economic system. Over the past decade, cluster policy has become one of the most important focal points of national policy in developed and developing countries to enhance national and regional competitiveness. This idea is spreading in the form of clearly defined policies and other policy initiatives such as regional strategies and activities supporting local production systems.
Most of today's industrialized economies need the institutional support of firms to become more competitive. In Afanasiev M., Korchagina N., and Myasnikova L. (2006) is argued that enterprise consolidation and clustering are currently one of the most effective supports for increasing production efficiency. The global economy has been impacted by trends in the cluster's role expansion. Innovative approaches to creating integrated management forms are required for the modern evolution of economic space across the globe, taking into account factors such as:
- Internal and external regionalisation factors include enhancing regional and national competitiveness.
- An increase in regional investments and innovation.
- Development of long-term forms of economic and territorial integration.
- Enhancement of regional and national competitiveness.
- A rise in globalization processes.
Therefore, based on the proactive promotion of propellant industries, the cluster principle becomes more relevant in terms of creating clusters of growth poles in the regional economy and increasing the effectiveness of public policy.
Author: Francesca Scattolin
