Clusters in Business: A Review of Successful International Models, Factors and Characteristics ()
ABSTRACT
Clusters are an important tool and a strategic
choice used in the application of a horizontal policy to stimulate local
economies and redefine the development model of a region or a country. The aim
of the present review is to explore in depth the various models, analyses,
characteristics, factors and properties of successful international clusters.
Moreover, this article identifies the sources of competitive advantage, as well
as factors and characteristics that determine the success of a collaborative
innovation formation and provides insight into its evolution and development.
The methodology used was literature review, research and criticism from both
Greek and foreign literature. A broad sample of sixty (60) publications was
selected as part of the survey. Subsequently, the selection of the sample was
limited to thirty-six (36) publications that met specific criteria. After
reviewing studies and research publications, each individual’s data were
analyzed, processed and compared with each other. Finally, results and
conclusions were drawn.
Share and Cite:
Alinsaoui, R. , Shehadeh, A. , Beris, E. and Kaldis, P. (2024) Clusters in Business: A Review of Successful International Models, Factors and Characteristics.
Open Journal of Business and Management,
12, 886-917. doi:
10.4236/ojbm.2024.122047.
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