Empirical Insights - Mapping the Key Factors that Have an Influence on Clusters Competitiveness

In today's global economy, clusters have emerged as crucial drivers of regional economic development and competitiveness. This article presents a comprehensive literature review that sheds light on the factors that influence the competitiveness of clusters. Drawing upon a broad range of scholarly sources across various fields, including economics, geography, and management, we synthesize existing research to identify and analyze the key determinants that shape cluster competitiveness. The review highlights the importance of several factors such as industry specialization, knowledge spillovers, innovation networks, infrastructure, and institutional support in enhancing the competitive performance of clusters. Furthermore, the paper critically examines the methodological approaches employed in studying cluster competitiveness, providing valuable insights for policymakers, practitioners, and researchers. By analyzing and evaluating the literature, this paper provides a deeper understanding of the dynamics of cluster competitiveness. Therefore, the research contributes to the growing body of knowledge on this important subject and underscores the significance of clusters in shaping regional economic development and competitiveness.