The Effect of Service Clusters on the Sustainable Economic Development

Clusterization has been named as one of the priorities of the development strategy of many European Union countries. Clusterization experts have already hypothesized that clusters of various economic activities are important not only in the formation of regional policy, but they also in a complex wa...

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Main Authors: Lezgovko Michail, Lezgovko Aleksandra
Format: Article
Language:English
Published: Sciendo 2018-12-01
Series:Economics and Culture
Subjects:
c38
Online Access:https://doi.org/10.2478/jec-2018-0022
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spelling doaj-612a8eb5a5f8452ca8a00cc11c307c6e2021-09-06T19:41:35ZengSciendoEconomics and Culture2256-01732018-12-01152758710.2478/jec-2018-0022jec-2018-0022The Effect of Service Clusters on the Sustainable Economic DevelopmentLezgovko Michail0Lezgovko Aleksandra1Mykolas Romeris University, LithuaniaVilnius University Business School, LithuaniaClusterization has been named as one of the priorities of the development strategy of many European Union countries. Clusterization experts have already hypothesized that clusters of various economic activities are important not only in the formation of regional policy, but they also in a complex way stimulate the whole country’s economic growth from job creation to the development of intellectual property to new innovative industries. These realities show that cluster activity and its results are important not only for cluster participants, but also for the economy of the country in which clusters operate. However, there are currently no reliable and effective tools to validate this hypothesis. In the analysis of the problem and in order to deepen the theoretical knowledge of the object under study, this paper analyses and summarizes systematic, logical and comparative scientific literature, scientific studies, strategic documents and legal acts. Therefore, the purpose of this paper is to provide a theoretical overview of the currently available knowledge on service clusterization and sustainable economic development, to demonstrate the acute absence of relevant theoretical foundations and linkages that would allow to analyse these phenomena, and propose a methodological approach that would allow to expand this field of study.https://doi.org/10.2478/jec-2018-0022clusterizationsustainable economydevelopmentc38
collection DOAJ
language English
format Article
sources DOAJ
author Lezgovko Michail
Lezgovko Aleksandra
spellingShingle Lezgovko Michail
Lezgovko Aleksandra
The Effect of Service Clusters on the Sustainable Economic Development
Economics and Culture
clusterization
sustainable economy
development
c38
author_facet Lezgovko Michail
Lezgovko Aleksandra
author_sort Lezgovko Michail
title The Effect of Service Clusters on the Sustainable Economic Development
title_short The Effect of Service Clusters on the Sustainable Economic Development
title_full The Effect of Service Clusters on the Sustainable Economic Development
title_fullStr The Effect of Service Clusters on the Sustainable Economic Development
title_full_unstemmed The Effect of Service Clusters on the Sustainable Economic Development
title_sort effect of service clusters on the sustainable economic development
publisher Sciendo
series Economics and Culture
issn 2256-0173
publishDate 2018-12-01
description Clusterization has been named as one of the priorities of the development strategy of many European Union countries. Clusterization experts have already hypothesized that clusters of various economic activities are important not only in the formation of regional policy, but they also in a complex way stimulate the whole country’s economic growth from job creation to the development of intellectual property to new innovative industries. These realities show that cluster activity and its results are important not only for cluster participants, but also for the economy of the country in which clusters operate. However, there are currently no reliable and effective tools to validate this hypothesis. In the analysis of the problem and in order to deepen the theoretical knowledge of the object under study, this paper analyses and summarizes systematic, logical and comparative scientific literature, scientific studies, strategic documents and legal acts. Therefore, the purpose of this paper is to provide a theoretical overview of the currently available knowledge on service clusterization and sustainable economic development, to demonstrate the acute absence of relevant theoretical foundations and linkages that would allow to analyse these phenomena, and propose a methodological approach that would allow to expand this field of study.
topic clusterization
sustainable economy
development
c38
url https://doi.org/10.2478/jec-2018-0022
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