IDEAS home Printed from https://ideas.repec.org/a/taf/reroxx/v27y2014i1p662-672.html
   My bibliography  Save this article

Correlation between the state of cluster development and national competitiveness in the Global Competitiveness Report of the World Economic Forum 2012–2013

Author

Listed:
  • Vesna Paraušić
  • Drago Cvijanović
  • Branko Mihailović
  • Kristina Veljković

Abstract

This paper explores the correlation between state of cluster development in a country and its national competitiveness. Our research hypothesis is that high positive correlation exists between cluster development and national competiveness, meaning that the countries in which clusters are deep and well-developed are at the same time countries that have a high national competitiveness in certain segments of industry and vice versa. The source of the data analysed in this paper is the Competitiveness report of the World Economic Forum 2012–2013 (hereinafter WEF), which includes 144 economies. Linear correlation, including confidence intervals, was used in data analysis. Research hypothesis is accepted by the data. Developing countries cannot follow the direction from building high competitiveness to the development of clusters, but national competitiveness can significantly be improved by development of clusters and encouraging innovation and productivity within the framework of cluster-directed economy.

Suggested Citation

  • Vesna Paraušić & Drago Cvijanović & Branko Mihailović & Kristina Veljković, 2014. "Correlation between the state of cluster development and national competitiveness in the Global Competitiveness Report of the World Economic Forum 2012–2013," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 27(1), pages 662-672, January.
    • Handle: RePEc:taf:reroxx:v:27:y:2014:i:1:p:662-672
    DOI: 10.1080/1331677X.2014.974917
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1331677X.2014.974917
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1331677X.2014.974917?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mukhamediyev, Bulat & Temerbulatova, Zhansaya & Mukhamediyeva, Aliya, 2023. "The significance of world oil prices and macroeconomic factors for the global competitiveness of countries," Energy Economics, Elsevier, vol. 128(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:reroxx:v:27:y:2014:i:1:p:662-672. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rero .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.