Cluster development strategies in the Republic of Moldova

Abstract

There are several strategies that governments and organisations can adopt to develop and support clusters. In this article we draw attention to them. One of them is the strategy of concentrating resources and efforts in a specific area or sector where the region already has a competitive advantage or growth potential. By concentrating resources and supporting companies and organisations in that area, an environment conducive to innovation and development can be created. Another strategy would be collaboration between companies within the cluster to develop the cluster. By stimulating knowledge exchange, sharing resources and collaborating on joint projects, competitiveness and innovation in the cluster can be improved. One strategy is to promote the cluster nationally and internationally. Promoting the cluster and its companies nationally and internationally can attract investment, partnerships and business opportunities. This may involve participation in fairs and exhibitions, organisation of cluster-specific events and promotion in the media. CZU: 332.133.4:338.23(478). JEL: M 10, L 10. DOI: https://doi.org/10.53486/icspm2023.06