Session

Management, Business and Economics

Description

Clusters tend to be a key factor for a successful macroeconomic development and microeconomics business environment. Execution of cluster projects is one of the strategic objectives of many counties, as it contributes to the economic development of regions and increases the level of innovative development of enterprises which form a cluster. Cluster mapping efforts create a set of data and insights on economic activity across industries and locations. With this paper we will try to present the advantages and disadvantages of being in cluster. All huge projects have obstacles and benefits, but in this paper we will try to summaries the facts of clusters, analyzing data from states in Balkan region and presenting some useful information for enterprises which are thinking for sector development opportunities.

Keywords:

Clusters, Potential, Benefits, Investment, Growth.

Session Chair

Ylber Limani

Session Co-Chair

Nehat Dobratiqi

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-19-2

First Page

21

Last Page

28

Location

Pristina, Kosovo

Start Date

26-10-2019 1:30 PM

End Date

26-10-2019 3:00 PM

DOI

10.33107/ubt-ic.2019.349

Included in

Business Commons

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Oct 26th, 1:30 PM Oct 26th, 3:00 PM

Clustering - Good or Bad idea!?

Pristina, Kosovo

Clusters tend to be a key factor for a successful macroeconomic development and microeconomics business environment. Execution of cluster projects is one of the strategic objectives of many counties, as it contributes to the economic development of regions and increases the level of innovative development of enterprises which form a cluster. Cluster mapping efforts create a set of data and insights on economic activity across industries and locations. With this paper we will try to present the advantages and disadvantages of being in cluster. All huge projects have obstacles and benefits, but in this paper we will try to summaries the facts of clusters, analyzing data from states in Balkan region and presenting some useful information for enterprises which are thinking for sector development opportunities.