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Mitigation of regional disparities through clusters

by | Jan 14, 2020 | DOI 2018

Katarína Kráľová, Jana Sochuľáková, Dagmar Petrušová
Alexander Dubček University in Trenčín, Faculty of Social and Economic Relations, Trenčín, Slovakia 
DOI: https://doi.org/10.31410/eraz.2018.47

4th International Conference – ERAZ 2018 – KNOWLEDGE BASED SUSTAINABLE ECONOMIC DEVELOPMENT, Sofia- Bulgaria, June 7, 2018, CONFERENCE PROCEEDINGS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia;  Faculty of Business Studies, Mediterranean University – Podgorica, Montenegro; University of National and World Economy – Sofia, Bulgaria; Faculty of Commercial and Business Studies – Celje, Slovenia; Faculty of Applied Management, Economics and Finance – Belgrade, Serbia, ISBN 978-86-80194-12-7

Abstract

Regional differences and insufficient regional development are a long-term problem for the Slovak economy. Regional disparities cause insufficient use of existing resources and reduce the competitiveness of individual regions. In this paper, after a short introduction of terminology, in the first part we justify the importance of research into regional disparities. In the next part we will focus on the development of regional differences in the Slovak Republic in recent years. At the end of our contribution, we will try to outline the possibility of addressing regional differences. The basic prerequisite for reducing regional disparities is to support the development of small and medium-sized enterprises, but this requires the establishment of an appropriate business environment by the state. One of the possibilities is also to support the establishment of cluster initiatives, which we can say are relatively effective ways to support the development of entrepreneurial activities in the region and thereby reduce regional disparities.    

Key words

Regional differences, regional development, region, cluster initiatives

References

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