Clustering - A New Paradigm or Another Teoretical Model
Journal Title: Acta Economica - Year 2015, Vol 13, Issue 22
Abstract
Economy of Bosnia and Herzegovina (B&H) and Republic of Srpska is still not showing a signs of recovery and out of the economic crises. Unlike the large number of developed countries that have recognized the possibilities of clustering as a model of strengthening small and medium-sized enterprises (SMEs) and overcoming negative effects of the global economic crisis in B&H clustering is not recognized as a model of economic development. The aim of the research is seeking an answer on the question which dominant factors affecting the association of SMEs in clusters in Republic of Srpska and which factors are discouraging and slowing down this association? The research was conducted on the territory of the ten cities and municipalities in Republic of Srpska through random sampling method consisted by 106 SMEs (85 companies from research samples are not members of the cluster, while 21 companies in the sample are members of the cluster). We came to the conclusion that in the Republic of Srpska clusters are recognized as one of the possibilities to encourage the SMEs development, and thus the competitiveness of the national economy, but the process has not gone far. Less than 30% of the companies in the sample in the Republic of Srpska is familiar with the work of clusters in general. Entering the cluster, companies evolving and growing as evidenced by the growth in the average number of employees in companies, members of the cluster, in the first quarter of 2013, compared to the year of entry of these enterprises in the cluster. Enterprises which are cluster members, in most cases are only partially satisfied with the performance of the cluster. Regarding the improvement of cluster, 61,9% of respondents believe that greater state support would affect the improvement of cluster, and 19,05% think that active engagement of cluster managers would contribute as well.
Authors and Affiliations
Саша Петковић, Јелена Тривић, Брана Латиновић
Keywords
Related Articles
- EP ID EP43806
- DOI https://doi.org/10.7251/ACE1522113P
- Views 279
- Downloads 0
Beta controversies
The subjects of this paper are controversies about beta coefficient. Paper discussed problems with historical estimation of beta, as well time length of sample as choosing market index. In addition paper showed simplifie...
FINANCIAL REPORTS FROM THE BANKRUPT COMPANY
The paper deals with the problem of insolvency. There are two possible solutions to this problem: restructuring and bankruptcy. Since it is involuntary procedure, not voluntary, the application of both options is possibl...
Managerial Ranking and Project Selection
Models of quantification of the risk and return on investment projects are often the subject of observation by the scientific and professional community. In addition to the problem of project selection, managers are incr...
The Status and Perspectives of eGovernment in Bosnia and Herzegovina
E-Government or electronic administration is a form in which public service authorities and local self-government carry out business processes. It is based on the usage of contemporary information-communication technolog...
Does Economic Freedom impact Economic growth: Decomposing the Effects for Bosnia and Herzegovina
In this paper we will present the results of our survey on Economic Freedom, and impact of its individual categories on economic growth in the Bosnia and Herzegovina. To measure economic freedom we will use The Index of...