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PROSPECTS FOR BUSINESS CLUSTERS IN THE REPUBLIC OF BULGARIA
2018
MEST Journal
The concept of business clusters dates to the emergence of industrial centers backed by trade during the late Renaissance and the early modern period. The modern economic map abounds with clusters, i.e. concentrated critical masses of geographically co-located companies, but clusters are not unique. They represent typical structures, maintaining the competitive advantages based on local conditions, traditions, and resources, aiming at raising these competitive advantages at a global level.
doi:10.12709/mest.06.06.02.08
fatcat:kulbyvejbjah3ahmydzp2ncqsq