Katarína Kráľová, Jana Sochuľáková, Dagmar Petrušová
Alexander Dubček University in Trenčín, Faculty of Social and Economic Relations, Študentská 3, 91150 Trenčín, Slovakia
DOI: https://doi.org/10.31410/EMAN.2018.43
2nd International Scientific Conference – EMAN 2018 – Economics and Management: How to Cope With Disrupted Times, Ljubljana – Slovenia, March 22, 2018, CONFERENCE PROCEEDINGS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; Faculty of Management Koper, Slovenia; Doba Business School – Maribor, Slovenia; Integrated Business Faculty – Skopje, Macedonia; Faculty of Management – Zajecar, Serbia, ISBN 978-86-80194-11-0
Abstract
The development of countries and regions is conditioned by the ability of business entities to succeed in global markets. The competitiveness of businesses is now being achieved and maintained mainly through innovation. Innovative business activities are considered to be a highly interactive process. Intense contacts and business cooperation have a major impact on the ability of businesses to offer competitive solutions. Therefore, clusters can operate with a higher degree of efficiency and use the specialist assets of suppliers with shorter response times than if they operate in isolation. Spill over effects and business interaction with other stakeholders and customers increase economies of scale, reduce costs, expand small and medium-sized businesses, increase specialization, increase competitiveness, improve information transfer, and more. The cluster environment also has a positive effect on the emergence of new and innovative businesses that can connect to existing relationships between individual cluster actors. The mutual cooperation of enterprises with each other, but also with other actors and their location in geographic proximity, leads to an increase in the competitiveness of enterprises, which is also reflected in the overall economic performance and prosperity of the regions and countries. Clusters are currently considered to be a significant factor that increases the prosperity of the regions, increases the inflow of foreign direct investment, creates an environment conducive to innovation and knowledge creation. Therefore, the aim of our contribution through a questionnaire survey is to determine the impact of clusters on the development of regions in the Slovak Republic and small and medium-sized enterprises in the regions.
Key words
regional development, small and medium enterprises, the cluster, competitiveness
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