Factors of Cluster Initiatives Management

The paper identifies Critical Success Factors of cluster initiatives management. The study was based on interviews conducted among European cluster managers representing 19 cluster initiatives located in 10 countries. The results of this study support more effective management and better organization of cluster development processes. They are specifically tailored for entrepreneurs, willing to initiate or establishing cluster initiatives, as well as managers . They can also be utilized in the political area, as guidance for policy makers in redesigning policies of cluster initiatives support as well as monitoring and evaluation processes.