Have a personal or library account? Click to login
Do Industrial Clusters Contribute to Organizations’ Innovation Performance? Path Analysis Cover

Do Industrial Clusters Contribute to Organizations’ Innovation Performance? Path Analysis

Open Access
|Jan 2024

References

  1. Arikan, A. T. (2009). Interfirm knowledge exchanges and the knowledge creation capability of clusters. Academy of Management Review, 34(4), 658–676. https://doi.org/10.5465/AMR.2009.44885776
  2. Boari, C., Odorici,V. & Zamarian, M. (2003). Clusters and Rivalry: Does Localization Really Matter?. Scandinavian of Management, 19, pp. 467-489. https://doi.org/10.1016/S0956-5221(03)00035-6
  3. Baptista, R. (2000). Do innovations diffuse faster within geographical clusters?. International Journal of industrial organization, 18(3), 515-535. https://doi.org/10.1016/S0167-7187(99)00045-4
  4. Bell, G. G. (2005). Clusters, networks, and firm innovativeness. Strategic Management Journal, 26(3), 287–295. https://doi.org/10.1002/smj.448
  5. Belso-Martinez, J. A., Molina-Morales, F. X. & Mas-Verdu, F. (2011). Clustering and internal resources: Moderation and mediation effects. Journal of Knowledge Management, 15(5), 738–758. https://doi.org/10.1108/13673271111174302
  6. Bhawsar, P. & Chattopadhyay, U. (2018). Evaluation of industry cluster competitiveness: a quantitative approach. Benchmarking: An International Journal, 25 (7), 2318-2343. https://doi.org/10.1108/BIJ-02-2017-0022
  7. Bittencourt, B. A., Daniel, V. M., Zen, A. C. & Galuk, M. B. (2019). Cluster Innovation Capability: a systematic review. International Journal of Innovation, 7(1), 26-44. https://doi.org/10.5585/iji.v7i1.157
  8. Bošković, G. & Kostadinović, I. (2011). Klasteri malih i srednjih preduzeća – ključ ekonomskog razvoja, Savremeni trendovi u Evropskoj uniji: implikacije za Srbiju. Tematski zbornik, Novi Sad: Visoka poslovna škola strukovnih studija.
  9. Byrne, B.M. (1994). Structural Equation Modeling With EQS and EQS/WINDOWS: Basic Concepts, Applications, and Programming. 1st Edition. SAGE Publications, Inc.
  10. Casanueva, C., Castro, I. & Galán, J. L. (2013). Informational networks and innovation in mature industrial clusters. Journal of Business Research, 66, 603–613. https://doi.org/10.1016/j.jbusres.2012.02.043
  11. Chandrashekar, D., Hillemane, B.S.M., Joshi, K.A. & Priyadarshi, T. (2019). Effect of Innovation on Firm Performance - The Case of a Technology Intensive Manufacturing Cluster in India. International Journal of Innovation and Technology Management, 16(1), 1-31. https://doi.org/10.1142/S0219877019500524
  12. Chin, W.W. (1998). The partial least squares approach to structural equation modeling. George A. Marcoulides (Ed.): Modern methods for business research. Mahwah, N.J: Lawrence Erlbaum, 295–336.
  13. Colgan, C. S. & Baker, C. (2003). A Framework for Assessing Cluster Development. Economic Development Quarterly, 17(4), pp.352-366. https://doi.org/10.1177%2F0891242403256667
  14. Cotic-Svetina, A., Jaklic, M. & Prodan, I. (2008). Does collective learning in clusters contribute to innovation? Science and Public Policy, 35(5), 335–345. https://doi.org/10.3152/030234208X319357
  15. Delgado, M., Porter, M. E. & Stern, S. (2012). Clusters, Convergence, and Economic Performance. NBER Working Paper, No. 18250.
  16. Delgado, M., Ketels, C., Porter, M. E. & Stern, S. (2012) The Determinants of National Competitiveness, NBER Working Paper, No. 18249. Cambridge, MA: NBER https://doi.org/10.3386/w18249
  17. Dess, G. G. & Picken, J. C. (2000). Changing roles: leadership in the 21st century. Organizational Dynamics, 28(3), 18–34. https://doi.org/10.1016/S0090-2616(00)88447-8
  18. Engel, J. S. (2015). Global Clusters of Innovation: Lessons from Silicon Valley. California Management Review, 57(2), 36-65. https://doi.org/10.1525/cmr.2015.57.2.36
  19. Expósito-Langa, M., Tomás-Miquel, J. V. & Molina-Morales, F. X. (2015). Innovation in clusters: exploration capacity, networking intensity and external resources. Journal of Organizational Change Management. 28(1), 26-42. https://doi.org/10.1108/JOCM-10-2013-0192
  20. Fornell, C. & Larcker, D.F. (1981). Structural Equation Models with Unobservable Variables and Measurement Error: Algebra and Statistics. Journal of Marketing Research, 18(3), 382–388. https://doi.org/10.2307/3150980
  21. Forsman, H. (2009). Improving innovation capabilities of small enterprises: cluster strategy as a tool. International Journal of Innovation Management, 13(2), 221-243. https://doi.org/10.1142/S1363919609002273
  22. Fundeanu, D. D. & Badele, C. S. (2014). The impact of regional innovative clusters on competitiveness. Procedia-Social and Behavioral Sciences, 124, 405-414. https://doi.org/10.1016/j.sbspro.2014.02.502
  23. Giuliani, E. (2010). Network Dynamics in Regional Clusters: A New Perspective from an Emerging Economy. Industry Studies Association. Working Paper Series.
  24. Gligorijević, Ž. & Kostadinović, I. (2012). Industrijski klasteri: važna poluga mehanizma za unapređenje konkurentnosti industrije. Nauka+praksa, 15, GAF, Niš.
  25. WIPO. (2022). Global Innovation Index 2022. What is the future of innovation-driven growth? Geneva, Switzerland: World Intellectual Property Organization, available at: https://www.globalinnovationindex.org/gii-2022-report
  26. Gunday, G., Ulusoy, G., Kilic, K. & Alpkan, L. (2011). Effects of innovation types on firm performance. International Journal of Production Economics, 133(2), 662-676. https://doi.org/10.1016/j.ijpe.2011.05.014
  27. Huang, K., Yu, C. J. & Seetoo, D. (2012). Firm innovation in policy-driven parks and spontaneous clusters: the smaller firm the better? The Journal of Technology Transfer, 37(5), 715-731. https://doi.org/10.1007/s10961-012-9248-9
  28. Hu, L. & Bentler, P.M. (1999). Cutoff Criteria for Fit Indexes in Covariance Structure Analysis: Conventional Criteria versus New Alternatives. Structural Equation Modeling: A Multidisciplinary Journal, 6(1), 1–55. https://doi.org/10.1080/10705519909540118
  29. Ilić M. (2006) Poslovni inkubatori i klasteri kao model razvoja malih i srednjih preduzeća u industriji, Industrija, 4, str. 63-98
  30. Jeon, J. (2015). The Strengths and Limitations of the Statistical Modeling of Complex Social Phenomenon: Focusing on SEM, Path Analysis, or Multiple Regression Models. International Journal of Economics and Management Engineering, 9(5), 1634-1642.
  31. Ketels, C. (2013). Recent research on competitiveness and clusters: what are the implications for regional policy?. Cambridge Journal of Regions, Economy and Society, 6(2), 269-284. https://doi.org/10.1093/cjres/rst008
  32. Kim, N. & Shim, C. (2018). Social capital, knowledge sharing and innovation of small-and medium-sized enterprises in a tourism cluster. International journal of contemporary hospitality management, 30(6), 2417-2437. https://doi.org/10.1108/IJCHM-07-2016-0392
  33. Kostadinović, I. & Stanković, S. (2020). Innovation Clusters As An Association Model Of The Small And Medium-Sized Enterprises: The Context Of Regional Development. Sixth International Scientific-Business Conference – LIMEN 2020. Leadership, Innovation, Management and Economics: Integrated Politics of Research, 47-56. https://doi.org/10.31410/LIMEN.S.P.2020.47
  34. Kostadinović, I. (2016). Poslovna infrastruktura kao instrument nove industrijske politike Republike Srbije. (doktorska disertacija). Univerzitet u Nišu, Ekonomski fakultet.
  35. Kostadinović, I. (2019). Clusters as an expressive form of business infrastructure (Annex theory analysis). Economic Themes, 57(1), 51-65. DOI: 10.2478/ethemes-2019-0004
  36. Kostadinović, I. (2021). Poslovna infrastruktura u funkciji privrednog razvoja Republike Srbije. [Business infrastructure in the function of economic development of the Republic of Serbia]. Niš: Univerzitet u Nišu, Ekonomski fakultet.
  37. Kostygova, L., Sidorova, E. & Vikhrova, N. O. (2019). Modern clusters and assessment of their innovative development. Entrepreneurship and Sustainability Issues, 7(1), 603. https://doi.org/10.9770/jesi.2019.7.1(42)
  38. Krugman, P. (1996). Making sense of the competitiveness debate. Oxford Review of Economic Policy, 12(3), 17-35.
  39. Lai, Y., Hsu, M., Lin, F., Chen, Y. & Lin, Y. (2014).The effects of industry cluster knowledge management on innovation performance. Journal of Business Research, 67(5), 734-739. https://doi.org/10.1016/j.jbusres.2013.11.036
  40. Lazoi, M., Ceci, F., Corallo, A. & Secundo, G. (2011). Collaboration in an aerospace SMEs cluster: innovation and ICT dynamics. International Journal of Innovation and Technology Management, 8(03), 393-414. https://doi.org/10.1142/S0219877011002398
  41. Lazerson, M. & Lorenzoni, G. (1999). The Firms That Feed Industrial Districts: A Return to the Italian Source. Industrial and Corporate Change, 8(2), 235-266. https://doi.org/10.1093/icc/8.2.235
  42. Lecocq, C., Leten, B., Kusters, J. & van Looy, B. (2011). Do Firms Benefit from being Present in Multiple Technology Clusters? An Assessment of the Technological Performance of Biopharmaceutical Firms. Regional Studies, 46(9), 1107–1119. http://doi.org/10.1080/00343404.2011.552494
  43. Lissoni, F. (2001). Knowledge codification and the geography of innovation: The case of Brescia mechanical cluster. Research Policy, 30(9), 1479–1500. https://doi.org/10.1016/S0048-7333(01)00163-9
  44. Litvinenko, I.L., Klochko, E.N., Zelinskaya, M.V., Polyanskaya, O.A. & Martynenko, N.K. (2018). Features of managing innovative clusters of modern Russia. Espacios, 39(31), 23.
  45. Lorenzen, M. & Maskell, P. (2004). The cluster as a nexus of knowledge creation. P. Cooke, & A. Piccaluga (Ed.): Regional Economies as Knowledge Laboratories. 77–92.
  46. Manning, S., Ricart J. E.,Rique, M. S. R. & Lewin, A. Y. (2010). From blind spots to hotspots: How knowledge services clusters develop and attract foreign investment. Journal of International Management, 16(4), 369-382. https://doi.org/10.1016/j.intman.2010.09.007
  47. Marshall, A. (1920). Principles of Economics. London: MacMillan.
  48. Mazur, V.V., Barmuta, K.A., Demin, S.S., Tikhomirov, E.A. & Bykovskiy, M.A. (2016). Innovation clusters: Advantages and disadvantages. International Journal of Economics and financial issues, 6(1), 270-274.
  49. Mendes, T., Braga, V., Silva, C., Ratten, V. & Braga, A. (2021). The influence of industrial clusters on SMEs earliness and postentry speed: Exploring the role of innovation activities. Thunderbird International Business Review, 63(5), 623-650. https://doi.org/10.1002/tie.22226
  50. Mićić V. (2010) Clusters – factor of improvement of Serbian industry competitiveness. Ekonomski horizonti, 12(2) pp. 57-74
  51. Mindlin, Y.B., Novikov, S.V., Kireev, S.V., Adamenko, A.A. & Belitskaya, O.V. (2016). Innovative territorial clusters. International Journal of Economics and Financial Issues, 6(8), 251-256.
  52. Molina-Morales, F.X. & Martínez-Fernández, M.T. (2004). How much difference is there between industrial district firms? A net value creation approach. Research Policy, 33(3), 473-486. doi:10.1016/j.respol.2003.10.004
  53. Ozkanli, O. & Akdeve, E. (2006). Cluster and innovation as regional development. Presented in the II. International Strategic Management Conference, 07-09 June 2006, Istanbul. Avaible on: https://www.researchgate.net/publication/232273731_CLUSTER_and_INNOVATION_as_REGIONAL_DEVELOPMENT (13.11.2022).
  54. Parausić, V. & Domazet, I. (2018). Cluster Development and Innovative Potential in Serbian Agriculture. Economics of Agriculture, 65(3), 1159-1170. DOI: 10.5937/ekoPolj1803159P
  55. Paraušić, V. & Cvijanović, J. (2014). Competitiveness of Serbian agro-economy - clusters in function of sustainable regional competitiveness. Belgrade: Institute of Agricultural Economics.
  56. Pallant, J. (2007). SPSS Survival Manual. A Step by Step Guide to Data Analysis using SPSS for Windows. 3rd edition. Open University Press.
  57. Pessoa, A. (2013). Competitiveness, clusters and policy at the regional level: rhetoric vs. practice in designing policy for depressed regions. Regional Science Inquiry Journal, V (1), 101-116.
  58. Podsakoff, P.M., MacKenzie, S.B. & Podsakoff, N.P. (2012). Sources of method bias in social science research and recommendations on how to control it. Annual Review of Psychology, 63, 539-569. https://doi.org/10.1146/annurev-psych-120710-100452
  59. Porter, M.E. (1998). Clusters and the new economics of competitiveness. Harvard Business Review, 76(6), 77-90.
  60. Porter, M.E. (2003). The Economic Performance of Regions. Regional Studies, 37(6 and 7), 549–578. https://doi.org/10.1080/0034340032000108688
  61. Porter, M.E. (1990). The Competitive Advantage of Nations. Basingstoke: Macmillan.
  62. Porter, M.E. (2000). Location, Competition, and Economic Development: Local Clusters in a Global Economy. Economic Development Quarterly, 14, 15-34. https://doi.org/10.1177%2F089124240001400105
  63. Prim, A.L., Amal, M. & Carvalho, L. (2016). Regional cluster, innovation and export performance: an empirical study. BAR-Brazilian Administration Review, 13(02), https://doi.org/10.1590/1807-7692bar2016160028
  64. Rocha, H.O. (2004). Entrepreneurship and Development: The Role of Clusters. Small Business Economics, 23(5), 363–400. https://doi.org/10.1007/s11187-004-3991-8
  65. Savić, Lj. (2017). Ekonomika industrije. Deveto izmenjeno i dopunjeno izdanje. Beograd: Centar za izdavačku delatnost, Ekonomski fakultet u Beogradu.
  66. Savić, N., Lazarević, J., Vjetrov, A. & Marinković, E. (2021). Serbian economy recovery in the post COVID-19 era: Cluster approach. Ekonomika preduzeća, 69(3-4), 243-259. DOI: 10.5937/EKOPRE2103243S
  67. Silvestre, S.S. & Silva-Neto, R. (2014). Capability accumulation, innovation, and technology diffusion: Lessons from a Base of the Pyramid cluster. Technovation, 34(5), 270-283. https://doi.org/10.1016/j.technovation.2013.09.007
  68. Singh, R.P. & Jain, R.K. (2003). Improving Local Economies Through Technology Transfer: Utilizing Incubators to Facilitate Cluster Development. Technology Transfer and Commercialization, 2(3), 249-262. https://doi.org/10.1504/IJTTC.2003.003169
  69. Stojanović, B. & Radukić, S. (2012). Potential for Innovation and Competitiveness of Serbian Small and Medium Enterprises. Monograph: Managing Structural Changes: Trends and Requirements, 334-345.
  70. Šlogar, N. (2021). Relationship between market orientation and innovativeness in companies. International Review, 3-4, 21-29. DOI: 10.5937/intrev2103021S
  71. Terstriep, J. & Lüthje, C. (2012). Do clusters as open innovation systems enhance firms’ innovation performance? In Proceedings of the 19th International Product Development Management Conference Transformative Research in Product and Service Innovation. (pp. 18-19). Manchester, UK.
  72. Thomä, J. & Zimmermann, V. (2020). Interactive learning—The key to innovation in non-R&D-intensive SMEs? A cluster analysis approach. Journal of Small Business Management, 58(4), 747-776., https://doi.org/10.1080/00472778.2019.1671702
  73. Trippl, M., Grillitsch, M., Isaksen, A. & Sinozic, T. (2015). Understanding Cluster Evolution. Papers in Innovation Studies, 2015/46. Lund University, CIRCLE - Centre for Innovation Research.
  74. Waits, M.J. (2000). The Added Value for the Industry Cluster Approach to Economic Analysis, Strategy Development and Service Delivery. Economic Development Quarterly, 14(1), 35-50. https://doi.org/10.1177%2F089124240001400106
  75. Zhao, Y., Zhou, W. & Huesig, S. (2010). Innovation as Clusters in Knowledge Intensive Business Services: Taking ICT Services in Shanghai and Bavaria as an Example. International Journal of Management, 14(1), 1–18. https://doi.org/10.1142/S1363919610002520
  76. Žižka, M., Valentová, H. V., Pelloneová, N. & Štichhauerová, E. (2018). The effect of clusters on the innovation performance of enterprises: traditional vs new industries. Entrepreneurship and Sustainability Issues, 5(4), 780-794. https://doi.org/10.9770/JESI.2018.5.4%286%29
DOI: https://doi.org/10.2478/ethemes-2023-0020 | Journal eISSN: 2217-3668 | Journal ISSN: 0353-8648
Language: English
Page range: 387 - 406
Submitted on: Dec 29, 2022
Accepted on: Sep 20, 2023
Published on: Jan 26, 2024
Published by: University of Niš, Faculty of Economics
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2024 Ivana Kostadinović, Violeta Jovanović, Sunčica Stanković, published by University of Niš, Faculty of Economics
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.