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The Role of Entrepreneurship for Cluster Formation in the Economy

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  • Emil PAPAZOV

    (University of National and World Economy, Sofia, Bulgaria)

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    Abstract

    The paper summarizes the contribution of the entrepreneurship to the cluster formation in the economy. Emphasis is placed on the so-called “pure” entrepreneurial clusters. The features of the latter are commented on the background of an example from the Bulgarian reality. During the last decades entrepreneurship has become a significant factor for economic development. This is associated first with the recognition of innovation as an important prerequisite for business progress, and second – with the discovery of adequate driving forces, providing access to innovative solutions and their effective dissemination (diffusion mechanisms, clusters, networks, etc.).

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    File URL: http://www.rmci.ase.ro/no12vol4/21.pdf
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    Bibliographic Info

    Article provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT.

    Volume (Year): 12 (2011)
    Issue (Month): 4 (October)
    Pages: 839-846

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    Handle: RePEc:rom:rmcimn:v:12:y:2011:i:4:p:839-846

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    Related research

    Keywords: entrepreneurship; cluster formation; entrepreneurial clusters.;

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    1. Luigi Guiso & Fabiano Schivardi, 2011. "What Determines Entrepreneurial Clusters?," Journal of the European Economic Association, European Economic Association, vol. 9(1), pages 61-86, 02.
    2. Blanchflower, David G & Oswald, Andrew J, 1998. "What Makes an Entrepreneur?," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 26-60, January.
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