State policy on cluster development in the Republic of Moldova: opportunities and obstacles

Abstract

Entrepreneurs, researchers, and the government of Moldova have only recently turned their attention to the problems of creating clusters. Clusters are a relatively new phenomenon in the Moldovan economy. By cooperating, sharing existing resources and conducting joint activities, clusters have contributed a great deal to enterprise development in the country. The cumulative positive effects of clusters enable small and medium enterprises (SMEs) to overcome some of their problems as well as increase their innovative activity and competitiveness. This paper analyzes the development of the SME sector in the Republic of Moldova, and provides a quantitative assessment of SME s’ contribution and potential. State policy on cluster development in Moldova will be explored, and the factors contributing to the risks and barriers of cluster creation in Moldovan cluster development policy will also be examined. This study compiles analyses of statistical data and international rankings, and the authors’ previous survey results with entrepreneurs.