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Cluster Policy Of Nordic Region In Formation And Effective Functioning Of Competitive Clusters


  • Yuliya Rybak

    (Kyiv Regional Center for Investment and Development, State Agency for Investment and National Projects of Ukraine)


The article is devoted to the issues of clustering, which is process aimed at improving the competitive power of economies in EU countries. The experience of Nordic countries in developing of clusters group is considered. Due to rising global competition, clusters became the essential tool for upgrading economic competitiveness internationally. The article describes the world-class Nordic model based on cluster development, covers the reasons why the model has worked successfully in the past and stresses on the challenges it is being subjected to in the future. Successful experience of Nordic countries approved that clusters are essential tool for economic prosperity and competitiveness. New model of cluster development should be based on world-class clusters that must be innovative with strong international linkages based on cooperation and partnership. During the crises all over the world, clusters can play an instrumental role as a preferred internationalization competitive vehicle as well as provide an effective platform for networking, R&D development, foster economic development, innovation sharing and achievement of common goal - to be competitive at global scale.

Suggested Citation

  • Yuliya Rybak, 2013. "Cluster Policy Of Nordic Region In Formation And Effective Functioning Of Competitive Clusters," Ukrainian Journal Ekonomist, Yuriy Kovalenko, issue 9, pages 40-44, September.
  • Handle: RePEc:uje:journl:y:2013:i:9:p:40-44

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    References listed on IDEAS

    1. Schulz, Matthias & Urbig, Diemo & Procher, Vivien, 2016. "Hybrid entrepreneurship and public policy: The case of firm entry deregulation," Journal of Business Venturing, Elsevier, vol. 31(3), pages 272-286.
    2. Timothy B. Folta & Frédéric Delmar & Karl Wennberg, 2010. "Hybrid Entrepreneurship," Management Science, INFORMS, vol. 56(2), pages 253-269, February.
    3. Andrew Burke & Felix FitzRoy & Michael Nolan, 2008. "What makes a die-hard entrepreneur? Beyond the ‘employee or entrepreneur’ dichotomy," Small Business Economics, Springer, vol. 31(2), pages 93-115, August.
    4. Blanchflower, David G. & Oswald, Andrew & Stutzer, Alois, 2001. "Latent entrepreneurship across nations," European Economic Review, Elsevier, vol. 45(4-6), pages 680-691, May.
    5. repec:zbw:zewexp:161823 is not listed on IDEAS
    6. Kameliia Petrova, 2012. "Part-time entrepreneurship and financial constraints: evidence from the Panel Study of Entrepreneurial Dynamics," Small Business Economics, Springer, vol. 39(2), pages 473-493, September.
    7. Burmeister-Lamp, Katrin & Lévesque, Moren & Schade, Christian, 2012. "Are entrepreneurs influenced by risk attitude, regulatory focus or both? An experiment on entrepreneurs' time allocation," Journal of Business Venturing, Elsevier, vol. 27(4), pages 456-476.
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