The Role of Entrepreneurship for Cluster Formation in the Economy
The Role of Entrepreneurship for Cluster Formation in the Economy
Author(s): Emil PapazovSubject(s): National Economy, Business Economy / Management, Economic development
Published by: EDITURA ASE
Keywords: entrepreneurship; cluster formation; entrepreneurial clusters;
Summary/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.).
Journal: Revista de Management Comparat Internațional
- Issue Year: 12/2011
- Issue No: 4
- Page Range: 839-846
- Page Count: 8
- Language: English