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Legal form determination for the development of clusters' activities

Author

Listed:
  • Raimonda BublienÄ—

    (Vilnius Gediminas Technical University, Lithuania)

  • Irina Vinogradova

    (Vilnius Gediminas Technical University, Lithuania)

  • Manuela TvaronaviÄ ienÄ—

    (Vilnius Gediminas Technical University, Lithuania)

  • Salvatore Monni

    (Roma Tre University, Italy)

Abstract

In this study, the authors have investigated the determination of the most suitable legal form for the development of the cluster management activities. In each particular case the developers of the cluster have to assess the objectives of the cluster, the principal aspects of the mutual partnership, the risks that could be provoked, and in accordance with the derived decisions. The choice of the cluster legal activity form depends on the objectives and on the branch in which the cluster is operating, on the number of the cluster participants, on the type of the activities of the cluster, on the openness or closeness to new members, type of the contributions of the partners and the other factors. The most reliable solution regarding the choice of the model of the functioning and management of the cluster has to be derived as well legal regulation of the legal form of the activity discussed. The advantages and disadvantages of two models of the cluster formation discussed. During experimental evaluation, the significance of criteria was determined and the expert evaluation on legal form for the development of clusters activities was performed. Foundation and management of the clusters are determined firstly by the fact that in one case a new established legal person performs the functions of the cluster coordinator while in another case one of the cluster participants performs the functions and partners legal cooperation determined by Agreement on Partnership. Article analyses the multi-criteria decisions-making to establish the cluster with the certain type of juridical form of legal person or to develop cluster management activities by the Partnership Agreement. The recommendations presented by application of MCDM calculus methods with aspect of percentage.

Suggested Citation

  • Raimonda BublienÄ— & Irina Vinogradova & Manuela TvaronaviÄ ienÄ— & Salvatore Monni, 2019. "Legal form determination for the development of clusters' activities," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(3), pages 244-258, September.
    • Handle: RePEc:ssi:jouird:v:1:y:2019:i:3:p:244-258
    DOI: 10.9770/ird.2019.1.3(5)
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    5. Zenonas TURSKIS & Violeta KERŠULIENĖ & Irina VINOGRADOVA, 2017. "A New Fuzzy Hybrid Multi-Criteria Decision-Making Approach to Solve Personnel Assessment Problems. Case Study: Director Selection for Estates and Economy Office," ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, Faculty of Economic Cybernetics, Statistics and Informatics, vol. 51(3), pages 211-229.
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    1. Aye Aye Khin, 2022. "Company Values of Malaysian Listed Companies' Sustainability for Palm Oil Industry: Financial Panel Data Model Approach," GATR Journals afr208, Global Academy of Training and Research (GATR) Enterprise.
    2. Zhanna A. Mingaleva & Lyudmila N. Deputatova & Nikolay B. Akatov & Yurii V. Starkov & Elena Mitrofanova, 2019. "Application of HADI-cycle for providing sustainability of processes of knowledge and innovation," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1628-1640, December.
    3. Tatiana Kudryavtseva & Angi Skhvediani & Mohammed Ali Berawi, 2020. "Modeling cluster development using programming methods: case of Russian Arctic regions," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(1), pages 150-176, September.

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    More about this item

    Keywords

    MCDM; clusters; juridical form; TOPSIS; COPRAS; SAW;
    All these keywords.

    JEL classification:

    • K20 - Law and Economics - - Regulation and Business Law - - - General

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