REVOLUTIONIZING CLUSTER FINANCING: A NEW DAWN IN ECONOMIC STRATEGY

Clusters are important drivers of economic growth, innovation, and competitiveness. However, financing remains a major challenge for many clusters, particularly those in emerging economies or in industries that are not well-established. This research article explores ways to improve the financing of clusters, including government policies, private sector investments, and public-private partnerships. The article also highlights some successful examples of cluster financing from around the world.