• ISSN: 2301-3567
    • Frequency: Quarterly (2013-2014); Monthly (Since 2015)
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Chloe Wu
    • Abstracting/ Indexing: Engineering & Technology Library,  Electronic Journals Library, Ulrich's Periodicals Directory, MESLibrary, Google Scholar, Crossref, and ProQuest.
    • E-mail: joebm@ejournal.net
JOEBM 2014 Vol.2(3): 181-185 ISSN: 2301-3567
DOI: 10.7763/JOEBM.2014.V2.121

The Role of Innovative Clusters in the Process of Internationalization of Firms

Arkadiusz Michał Kowalski
Abstract—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.

Index Terms—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: arkadiusz.kowalski@sgh.waw.pl).

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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.

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