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Regionally focused economic development: The cluster approach

: Mayrhofer, Walter; Jovanoski, Delco

International Conference for Entrepreneurship, Innovation and Regional Development, ICEIRD 2008. Proceedings : 8th-11th May 2008, Skopje & Ohrid, Macedonia
Skopje, 2008
International Conference for Entrepreneurship, Innovation and Regional Development (ICEIRD) <2008, Skopje, Ohrid>
Conference Paper
Fraunhofer IPA ()
regional development; institutionalised industrial cluster; cluster management; Zusammenarbeit; Wirtschaft

Industrial clusters are geographic concentrations of tightly co-operating, legally independent organisations, which often develop dependant on the existence of a certain production factor or circumstantial on their own. Institutionalised industrial cluster try to imitate the natural phenomenon and are intended for regional economic development. In contrast to the natural phenomenon, institutionalised industrial clusters have a coordinated management and develop in more or less defined phases. This paper presents a phase-oriented model for the development of institutionalised industrial clusters.