This book describes the importance of integration and clustering in creating sustainable economic growth. Modern economic conditions demonstrate the need for governmental stimulation of cluster initiatives in entrepreneurship, and make it necessary to study the experience of developed countries...

Existing cluster policies, which are being implemented in some developing countries, tend to be directive and inflexible; moreover, artificial clusterization may lead to suppression of SME in a region and to decrease in social welfare. Therefore, cluster strategy modernization is of a great...