CLUSTER MODELS, FACTORS AND CHARACTERISTICS FOR THE COMPETITIVE ADVANTAGE OF LITHUANIAN MARITIME SECTOR
Keywords:Diamond model, competitive advantage, Maritime sector, clustering
AbstractPaper analyses several cluster models on the basis of competitiveness: Nine-factor model, Double diamond model, Funnel model of cluster determinants, Destination Competitiveness and sustainability models, which are related to Porter’s Diamond model and concentrate to the classical one - adopt M. Porter’s Diamond model methodology to the evaluation of Lithuanian Maritime sector’s clustering on the basis of competitiveness. Despite the advances in cluster research, this model remains a complex one and something that is hard to adapt to a real economic environment. However, this model with some extends and implications can be applied to explain the emergence and development of Maritime sector clustering. Although clustering analysis on the basis of M. Porter’s Diamond model highlighted its advantages, the interconnection of factors and their influence on the clustering, the economic theory has not yet provided a model that allows both the analysis and the definition of a process for implementing a successful clustering research. The adoption of M. Porter’s Diamond model creates convenient theoretical basis and has practical implication for real Lithuanian Maritime sector’s clustering abilities evaluation. It also helps to systemize basic cluster characteristics, that can be identified in the Maritime industry and measure the reasonable impact factors, which are identified in Lithuanian Maritime sector.
Competitiveness of Nations in Global Economy