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Clusters’ Role In Regional Development

Author

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  • BORDEI CONSTANTIN

    (ALEXANDRU IOAN CUZA UNIVERSITY OF IAŞI, ROMANIA)

Abstract

The cluster type initiatives represent concentrated efforts for the improvement of well-being and competitiveness in a certain area, including companies, local administration, research and training societies. The new approaches regarding regional development raise the question – “Which is the role of clusters in regional development?”. The analyses of a cluster can support the diagnose of the threats and opportunities of an economic region and the identification of the measures one region can adopt in order to influence its economic future. The general thinking on clusters shows that these are essential to the economy and development. They create competitive advantages for their members, influence the structural changes, revive the industrial sectors and insure the needed framework for development, innovation and regional development. The objectives to be reached aim at the review of some studies regarding the relation between clusters and regions and the displaying of the clusters’ activities benefits on the regional development.

Suggested Citation

  • Bordei Constantin, 2016. "Clusters’ Role In Regional Development," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 241-247, June.
  • Handle: RePEc:cbu:jrnlec:y:2016:v:3:p:241-247
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