EXISTENCE OF CLUSTERS AND ECONOMIC PROSPERITY AT REGIONAL LEVEL

Summary

From the long-term point of view, industry specialisation and scientific and technological progress represent the main factors for increasing the productivity and the prosperity of regions. One of the preconditions of success of regions in the competition struggle is particularly formation of efficient territorial cooperation in form of specialised clusters. Their orientation should be directed to areas where they have the potential to make use of their strengths and turn them into a competitive advantage, which will eventually result in the growth of regional economic level. Therefore, the attention is paid to examination of the relation between the specialization level and the economic prosperity of the most innovative regions in the European Union. The results indicate the need of support for clusters as a precondition for increasing the region specialization level, impact of which can be seen, from the long-term point of view, also in the rate of economic forwardness.

Valovska_Sedlakova.pdf