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Evaluation of Business Cluster Performance During Its Lifecycle

Author

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  • Karel Skokan

    (Institute of Doctoral Studies, School of Business Administration in Karviná, Silesian University in Opava, Na Rybníčku 626/1, 746 01 Opava, Czech Republic)

  • Lucie Zotyková

    (Institute of Doctoral Studies, School of Business Administration in Karviná, Silesian University in Opava, Na Rybníčku 626/1, 746 01 Opava, Czech Republic)

Abstract

Business clusters as geographic groupings of firms and other organizations and associated institutions are for more than two decades considered to be the efficient instrument in regional and industrial policies which enable to increase the innovation and competitiveness of firms and other institutions and regions. The assessment of their benefits and performance is an issue often discussed in professional literature with various approaches. The composition and structure of clusters develop during their lifecycle from establishment to maturity or decay and different parts of firms in cluster contribute to cluster results in a variety of ways. The main aim of paper is to design a methodology for evaluation of business cluster performance during its lifecycle based on cluster analysis and time series analysis of business clusters and to reveal which parts of clusters called sub-clusters exert the decisive impact on business indicators by which the performance may be measured and to predict the future development of cluster and its parts. The methodology is verified on the case of the Czech machinery cluster with the longest life time in the Czech Republic. The results show that development of cluster is significantly affected by its structure and by performance of firms in sub-clusters.

Suggested Citation

  • Karel Skokan & Lucie Zotyková, 2014. "Evaluation of Business Cluster Performance During Its Lifecycle," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 62(6), pages 1395-1405.
    • Handle: RePEc:mup:actaun:actaun_2014062061395
    DOI: 10.11118/actaun201462061395
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    References listed on IDEAS

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    1. Michael Porter, 2003. "The Economic Performance of Regions," Regional Studies, Taylor & Francis Journals, vol. 37(6-7), pages 549-578.
    2. Charlie Karlsson (ed.), 2008. "Handbook of Research on Cluster Theory," Books, Edward Elgar Publishing, number 3942.
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    5. Charlie Karlsson (ed.), 2008. "Handbook of Research on Innovation and Clusters," Books, Edward Elgar Publishing, number 13104.
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