Cluster Strategy for the Sustainable Development of Regions and Evaluation of their Economic Performance

Despite growing competition among separate companies, increasing importance of effective supply chains provides another view on the role of clusters in the spatial distribution of social wellbeing. Clustering is considered more and more efficient approach to regional management and economic growth. In turn, we observe growing interest to the principles of the global sustainable development, which are expected to be projected down to the level of regions and areas. Therefore, investigation of how cluster strategy can be used for the purpose of sustainable regional development opens new horizons for introducing innovative regional strategies.