Business Clusters

Promoting Enterprise in Central and Eastern Europe

image of Business Clusters

Clusters of firms and related organisations in a range of industry specialisations are a striking feature of the economic landscape in all countries. Their growth and survival depends on internal processes of specialisation, co-operation and rivalry, and knowledge flows that underpin the competitiveness of the firms within them. Cluster building is now among the most important economic development activities in OECD countries and beyond. This book looks at the importance and potential of cluster initiatives in Central and Eastern Europe as these countries integrate ever more strongly into the global economy. Existing clusters are mapped, recent policy advances are described and conclusions are drawn on the potential of business clusters to foster economic growth in the wider Central, East and South East European region. 

English Also available in: Turkish


Conclusions and Policy Recommendations

The catchwords to describe the phenomenon of firm agglomeration and its associated benefits, be it local productive systems, industrial districts, regional or enterprise clusters, have only recently entered policy dialogue in Central and Eastern European countries. However, clusters have caught the imagination of both policy makers and entrepreneurs alike as instruments to promote higher productivity and competitiveness, boost innovation, strengthen SMEs and favour a more equal regional economic development. Increasingly, clusters are used as components of policy focused on achieving many economic and social goals. Policy makers, economic development practitioners and entrepreneurs from Central and Eastern Europe are looking for ways to share their individual experiences with countries around the world and exchange views on similarities and differences with the aim of identifying good cluster policy practice.


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