Abstract

Cooperation between enterprises is the basis for industrial clusters' existence and developments, while it is embedded in the enterprises' social network. Cluster organizations are one of the tools to support performance and competitiveness. The article analyses the influence of the existence of a cluster organization in the textile industry on finance performance of its member companies. For research purposes, the companies were divided into two groups. The first group consisted of companies included members of the CLUTEX Cluster which represent an organized cluster. The second group consisted of companies that do business in the same geographic region as the organized cluster, but are not its members. The aim of the research was to verify the statement that enterprises that create the core of the cluster organization achieved higher financial performance than all other non-member enterprises in the same geographic region doing business in the same industry. The Wilcoxon-Mann-Whitney W test and Kolmogorov-Smirnov test were used to determine the difference between the research samples. The technical efficiency of companies in all these groups was examined using DEA Window Analysis for the period of 2009–2019.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call