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Considerations on Firm’s Location in the Context of Clusters Formation

Author

Listed:
  • Manoela Popescu

    (Dimitrie Cantemir Christian University, Faculty of Tourism and Commercial Management, Bucharest, Romania)

  • Luminita Crenicean

    (Dimitrie Cantemir Christian University, Faculty of Tourism and Commercial Management, Bucharest, Romania)

Abstract

Clusters, “industrial” competitive conglomerate, are a real alternative to the economic development of our country. Known is that, in general, clusters are defined as spatial agglomeration of firms or conglomerate of interconnected companies and institutions in a particular field. As such, the basic idea of the study concerns the importance of location/placement of firms in the formation of clusters, given that any location of a business is by taking into account a series of factors: economic, social, political, technical and institutional and clusters are formed in regions with high competitiveness, regions that have a high capacity to provide resources and there is a certain density of related and support industries. Currently, in Romania, there are also natural and public clusters (industrial, scientific and technological parks) due to agglomerations of firms generated by the existence of natural resources, human or material, or due to location (conditioned by the level of development of the cluster and by the opportunities offered by it) of the new entities.

Suggested Citation

  • Manoela Popescu & Luminita Crenicean, 2012. "Considerations on Firm’s Location in the Context of Clusters Formation," The Annals of Dimitrie Cantemir Christian University. Economy, Commerce and Tourism Series, Faculty of Management in Tourism and Commerce Bucharest, "Dimitrie Cantemir" Christian University, Bucharest, Romania, vol. 4(1), pages 61-68, June.
    • Handle: RePEc:dcc:adcect:v:4:y:2012:i:1:p:61-68
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    References listed on IDEAS

    as
    1. Michael Porter, 2003. "The Economic Performance of Regions," Regional Studies, Taylor & Francis Journals, vol. 37(6-7), pages 549-578.
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    More about this item

    Keywords

    clusters; competitiveness; location; location; development;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location
    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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