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The Role of Entrepreneurship for Cluster Formation in the Economy

Author

Listed:
  • Emil PAPAZOV

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The paper summarizes the contribution of the entrepreneurship to the cluster formation in the economy. Emphasis is placed on the so-called pure entrepreneurial clusters. The features of the latter are commented on the background of an example from the Bulgarian reality. During the last decades entrepreneurship has become a significant factor for economic development. This is associated first with the recognition of innovation as an important prerequisite for business progress, and second – with the discovery of adequate driving forces, providing access to innovative solutions and their effective dissemination (diffusion mechanisms, clusters, networks, etc.).

Suggested Citation

  • Emil PAPAZOV, 2011. "The Role of Entrepreneurship for Cluster Formation in the Economy," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(4), pages 839-846, October.
    • Handle: RePEc:rom:rmcimn:v:12:y:2011:i:4:p:839-846
    as

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    File URL: https://www.rmci.ase.ro/no12vol4/21.pdf
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    References listed on IDEAS

    as
    1. Blanchflower, David G & Oswald, Andrew J, 1998. "What Makes an Entrepreneur?," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 26-60, January.
    2. Luigi Guiso & Fabiano Schivardi, 2011. "What Determines Entrepreneurial Clusters?," Journal of the European Economic Association, European Economic Association, vol. 9(1), pages 61-86, February.
    3. Ian R. Gordon & Philip McCann, 2000. "Industrial Clusters: Complexes, Agglomeration and/or Social Networks?," Urban Studies, Urban Studies Journal Limited, vol. 37(3), pages 513-532, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    entrepreneurship; cluster formation; entrepreneurial clusters.;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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