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Ekonomika preduzeća
2015, vol. 63, iss. 3-4, pp. 222-232
article language: English
document type: Original Paper
published on: 24/06/2015
doi: 10.5937/ekopre1504222S
Comparative analysis of clusters contribution to regional competitiveness
University Singidunum, Faculty of Economics, Finance and Administration - FEFA, Belgrade

Abstract

Objective of this paper is to determine how clusters contribute to regional competitiveness in the following five South-East Europe countries (hereinafter referred to as G5): Hungary, Bulgaria, Greece, Romania and Serbia. In order to test the hypothesis that strong clusters contribute to regional competitiveness we analyzed correlation between the strength and specialization of clusters in the regions (using the methodology of the European Cluster Observatory - ECO) and GDP per capita, as an indicator of productivity. The paper is based on various statistical data including Global Competitiveness Report, national statistical reports, and cluster mapping methodology developed by the ECO. Our analysis shows that, in observed G5, despite low ranks with respect to the state of cluster development, there is evidence of a strong cluster portfolio in more developed regions, mainly around the major cities. Also, determined positive correlation means that higher level of specialization in the G5 regions leads to a higher level of productivity, measured by GDPpc. Knowledge-intensive services, creative industries and life sciences segments are weak in G5, compared with developed EU countries. Nevertheless, in G5, there is a positive correlation between each of these segments and regional GDPpc, which brings us to the conclusion that they can be drivers of regional innovation and productivity.

Keywords

competitiveness; cluster; regional development; knowledge-intensive services; creative industries; life sciences

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