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Evaluation of financial performance of Slovak cluster organization

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F21%3A00008959" target="_blank" >RIV/46747885:24310/21:00008959 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Evaluation of financial performance of Slovak cluster organization

  • Original language description

    The article deals with the creation of cluster organizations based on cluster initiatives in the Slovak Republic and their financial performance. The paper is divided into three parts. The first part defines the basic concepts - cluster, cluster initiative, cluster organization - and describes the development of the cluster concept in the Slovak Republic. The second part presents the research methodology. A database of 54 cluster organizations that have been founded in the Slovak Republic since 2004 was created within the research. Out of 52 existing organizations, there are 28 active ones. The research also included obtaining information about the membership of cluster organizations. The financial analysis was performed on a case study of the Automotive Cluster - West Slovakia, which is in the maturity phase. The results of the research show that the financial performance of the business entities decreased by approximately 20% year-on-year in the period 2013–2017. This decline was driven by both negative technological changes and a decline in internal technical efficiency.

  • Czech name

  • Czech description

Classification

  • Type

    O - Miscellaneous

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

    <a href="/en/project/GA18-01144S" target="_blank" >GA18-01144S: An empirical study of the existence of clusters and their effect on the performance of member enterprises</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2021

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů