—This article focuses on innovative clusters and the
role they play in the process of business engagement into foreign
markets. This concept falls into the network approach of firm’s
internationalization, according to which an enterprise may
internationalize when it develops a set of exchange relationships.
One of the specific forms of network is cluster, with
geographical and sectoral concentration as the key
characteristic distinguishing it from other kinds of network
structures. The aim of the article is to examine the role of
clusters for innovation activity and for facilitating the process of
internationalization of firms. The study shows that the latter
may happen twofold: through clusters influence on affiliated
company’s internationalization behavior from the one side and
by increasing location attractiveness of the regions for foreign
direct investments from the second side.
—About clusters, innovation,
internationalization of firms, foreign direct investments (FDI).
A. M. Kowalski is with the World Economy Research Institute at the
Warsaw School of Economics, Poland (e-mail:
Cite:Arkadiusz Michał Kowalski, "The Role of Innovative Clusters in the Process of
Internationalization of Firms," Journal of Economics, Business and Management vol. 2, no. 3, pp. 181-185, 2014.