Business clusters formation for region development in Lithuania

Abstract

The aim of the research is to prepare proposals for assurance of the business clusters formation regarding the regional development potential upon study of the clusterization of Lithuanian regional companies.After extensive analysis of scientific literature, the qualification of the cluster, their structure, main features, goals and benefits to its members, region, and sector where cluster is based, are observed.From analysis of relevant secondary data the main problems that hinder the development of clusters in distinct regions of Lithuania are distinguished.It is revealed that clusterization in Lithuanian regions lags far behind big cities, it is much more passive and clusters there often reach only the level of a micro-cluster.Clusters are most developed in the tourism and food industries, using traditional means instead of high-techs, failing to benefit from EU support for clustering development.In order to improve the clusterization situation in Lithuania and its development in the regions, more attention and investment are to be allocated for promoting cooperation between the companies and the business and science, research sectors, and joining the international cluster.The state support should be prioritized in the rural regions locating less clusters, forming a reliable means and communication network for these clusters' development.

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