Cluster initiatives in bioeconomy: Systemic features of formation, development and management

The expansion of the bioeconomy is driven by integration strategies that come in various forms. Natural integration is characterized by businesses combining forces and establishing diverse organizational interactions such as conglomerates, multinational corporations, cartels, and other structures. C...

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Bibliographic Details
Main Authors: Aslakhanova Seda, Saida Shardan, Ansel Amadey
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:BIO Web of Conferences
Online Access:https://www.bio-conferences.org/articles/bioconf/pdf/2023/21/bioconf_bchd2023_06007.pdf
Description
Summary:The expansion of the bioeconomy is driven by integration strategies that come in various forms. Natural integration is characterized by businesses combining forces and establishing diverse organizational interactions such as conglomerates, multinational corporations, cartels, and other structures. Conversely, disintegration and quasi-integration lead to the disaggregation of businesses and the formation of more formal associations, often with the aim of obtaining control rather than ownership of these business entities. An illustrative example of quasi-integration is the concept of enterprise clusters, which represent a collective of geographically connected and interrelated companies sharing common objectives and strategies. While the benefits of companies participating in these clusters were apparent at the end of the 20th century, it is increasingly evident in the early 21st century that the ways companies interact within these clusters are evolving into new hybrid forms, and the clusters themselves can undergo various transformations in a relatively short period.
ISSN:2117-4458