Networking and Clustering Toward Entrepreneurial Development
University Saint Kliment Ohridski' Bitola - Faculty of Economics
A successful entrepreneur works well in teams, exhibits excellent leadership and communication skills, adapts rapidly and pragmatically to circumvent roadblocks, manages risk well, and is able to build value using limited resources not entirely under his or her control. The paper discuss the roles of the networks and clusters in the process of the entrepreneurial development, the framework conditions and the financial support needed for this purpose. The need of portfolio of clusters is stated. The paper finishes the discussion with the opportunities and policy implications of cross-border cluster development.
Keywords: Cluster, Network, Entrepreneur, Portfolio
JEL Classification: L21, L22, M13
Date posted: December 13, 2007