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


The Hungarian chapter presents cluster evidence from the country’s first mapping exercise, as well as data on government-sponsored clusters in Hungary in a great variety of economic branches. Foreign direct investment on the one hand and bottom-up responses to international competition on the other hand appear as the main driving forces of cluster development in Hungary. Current cluster policy with a cluster development, regional and SME approach is reviewed with a special emphasis on the necessity of using the cluster concept as a tool to bridge a growing economic development divide among Hungarian regions.


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