Establishment and Growth of Business Clusters with Public Aid
Journal Title: Journal of Competitiveness - Year 2012, Vol 4, Issue 3
Abstract
Industry or business clusters have become a part of an industrial policy in most countries not only within the European Union and are considered an effective instrument for the growth of firms and regional competitiveness. Their development is promoted and supported by many financial schemes at regional, national and even supranational level. The development of industry clusters in Czechia has had a very short tradition so far as the concept of clusters has become known here only at the beginning of this century. Surprisingly public aid for cluster development was approved at the governmental level very soon and the top-down approach strategy followed. The objective of the paper is to identify the basic phases of cluster development in the Czech Republic and to describe the impact of public financing on cluster establishment and growth in Czech regions. The presented case of Moravia-Silesia shows the cluster dynamics in the region which made the use of EU structural funds efficient for their development.
Authors and Affiliations
Karel Skokan, Eva Polednikova, Michaela Stanickova
Keywords
Related Articles
- EP ID EP86925
- DOI 10.7441/joc.2012.03.02
- Views 216
- Downloads 0
Linkages among U.S. Treasury Bond Yields, Commodity Futures and Stock Market Implied Volatility: New Nonparametric Evidence
This paper aims to explore specific cross-asset market correlations over the past fifteen- year-period- from January 04, 1999 till April 01, 2015, and within four sub-phases covering both the crisis and the non-crisis p...
Buyer-Supplier Relationships and the Resource-Advantage Perspective: An Illustrative Example of Relational and Transactional Drivers of Competitiveness
The purpose of this paper is to illustrate how the so called resource-advantage perspective can be used to determine the importance of specific relational and transactional dimensions of buyer-supplier relationships in d...
HOW A SUPPLY CHAIN PROCESS MATTERS IN FIRMS’ PERFORMANCE-AN EMPIRICAL EVIDENCE OF PAKISTAN
In recent years, supply chain processes (i.e. demand management, customer relationship management, and new product development) have gained a great importance from academicians and practitioners. Yet, research into the s...
Impacts of the Global Crisis Period 2007-2010 on the Automotive Industry in the Czech Republic
The main aim of this article was to analyse the possible intensity of dependency of the Czech Republic, or more precisely, its total economic indicator Gross Domestic Product on realized Sales sector of the automotive in...
Impact of Organizational Culture on Human Resource Practices: A Study of Selected Nigerian Private Universities
This paper shows results of the impact of organizational culture on human resource practices in some selected Nigerian private universities. The statistical analysis was based on two hundred and thirty-seven respondents...