Abstract
Paper analyses several cluster models on the basis of competitiveness: Nine-factor model, Double diamond model, Funnel model of cluster determinants, Destination Competitiveness and sustainability models, which are related to Porter’s Diamond model and concentrate to the classical one - adopt M. Porter’s Diamond model methodology to the evaluation of Lithuanian Maritime sector’s clustering on the basis of competitiveness. Despite the advances in cluster research, this model remains a complex one and something that is hard to adapt to a real economic environment. However, this model with some extends and implications can be applied to explain the emergence and development of Maritime sector clustering. Although clustering analysis on the basis of M. Porter’s Diamond model highlighted its advantages, the interconnection of factors and their influence on the clustering, the economic theory has not yet provided a model that allows both the analysis and the definition of a process for implementing a successful clustering research. The adoption of M. Porter’s Diamond model creates convenient theoretical basis and has practical implication for real Lithuanian Maritime sector’s clustering abilities evaluation. It also helps to systemize basic cluster characteristics, that can be identified in the Maritime industry and measure the reasonable impact factors, which are identified in Lithuanian Maritime sector. DOI: http://dx.doi.org/10.5755/j01.em.19.2.4197
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.