%0 Journal Article %T Cluster Economic Performance Concept ¨C Present Experiences and Future Developments %A Simona BIRIESCU %J Annals of Dun£¿rea de Jos University. Fascicle I : Economics and Applied Informatics %D 2010 %I Dunarea de Jos University of Galati %X Cluster-based economic development has become an increasingly popular topic for researchers and economic development professionals.Clusters are groups of companies and institutions co-located in a specific geographic region and linked by interdependencies in providing a related group of products and/or services. Given changes in the global environment, businesses and countries are changing the way they compete. These changes are characterised by the ability of multinational corporations to locate their investment ¨C production plants, R&D facilities, service centres, etc., ¨C in any location in the world where they find an adequate business environment.The increasing interest in clusters is only one aspect of a broader re-orientation of research and economic policy towards the microeconomic foundations of prosperity and growth. %K economic development %K %K strategy and competitiveness %K clusters %K performance %U http://www.ann.ugal.ro/eco/Doc2010/Biriescu.pdf