Impact of Innovative Clusters on International Competition

Abstract

The article examines the relationship between innovative clusters and international competition. Creation of innovative clusters requires certain prerequisites. A cluster represents a new form of competitive relations. Innovation cluster creation is one of the basic elements of increasing country’s competitiveness. Nowadays international competition between countries is turning into competition between clusters and cluster development. The importance of innovative competition between world market participants is increasing. Cooperation between competing  companies is becoming increasingly important in the expansion of international competition. International competition is greatly influenced by the digitalization of clustering processes.