Economic Themes (2009) 47 (1) 6, 107-119

THE IMPACT OF CLUSTERS ON COMPETITIVNESS AND REGIONAL DEVELOPMENT OF INDUSTRY


Gorica Bošković, Aleksandra Jovanović

Abstract: Only big industrial companies are capable to invest in market research that could provide new needs and, as follows, create new demands. Small and medium size enterprises, esspecially micro enterprises do not have financial means that are sufficiend for those activities. Possible solution could be forming and streghtening of new forms of organization, such as clusters. Those forms of organization also have possitive impact on coherent regional development. Institutional help, i.e the role of public sector, is esential for clusters development.

Keywords:  Small and medium enterprises; industrial clusters; regional development; competitivness

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