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Business Clusters a Solution for Economic Development of Companies and Regions

Author

Listed:
  • Adriana Reveiu

    (Bucharest Academy of Economic Studies)

Abstract

The paper addresses the issue of business clusters and their skills to improve the economic development of companies and regions. The main factors that influence the identification, promotion and support the development of business clusters are considerate. A set of statistical methods used to identify the economic concentration and specialised geographical areas, with significant concentration of economic activities are reviewed and applied for Romania. The results gained in this way are the first step in the process of identification of cluster type agglomeration, able to generated economic benefits for companies and their regions. The methods are integrated into a Geographic Information System, which allows the usage of spatial characteristics to represent and display the achieved results, on the map.

Suggested Citation

  • Adriana Reveiu, 2012. "Business Clusters a Solution for Economic Development of Companies and Regions," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 15(44), pages 101-124, June.
    • Handle: RePEc:rej:journl:v:15:y:2012:i:44:p:101-124
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    References listed on IDEAS

    as
    1. Pontus Braunerhjelm & Dan Johansson, 2003. "The Determinants of Spatial Concentration: The Manufacturing and Service Sectors in an International Perspective," Industry and Innovation, Taylor & Francis Journals, vol. 10(1), pages 41-63.
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    4. Guy Dumais & Glenn Ellison & Edward L. Glaeser, 2002. "Geographic Concentration As A Dynamic Process," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 193-204, May.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    regional development; economic concentrations; Geographic Information Systems; quantitative methods;
    All these keywords.

    JEL classification:

    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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