Proceedings of the International Conference on Sustainable Development of Cross-Border Regions: Economic, Social and Security C 2019
DOI: 10.2991/icsdcbr-19.2019.34
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Improving the efficiency of economic management based on the development of agro-industrial clusters

Abstract: The interaction of suppliers and manufacturers based on flexible links within cluster unions allows to achieve a synergistic effect, i.e. exceeding the sum of indicators of individual components of cluster-businesses. This effect is provided by the advantages of deep specialization of enterprises, their access to new technologies and ability to use highly qualified specialists (while savings on transaction costs). Therefore, at the beginning of the 21st century, the clustering process covered more than 50% of … Show more

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