ECONOMIC EFFICIENCY OF CLUSTER MODELS IN INDUSTRY
Keywords:
industrial clusters, economic efficiency, Uzbekistan, productivity, sustainability, innovation, governance, green financing, industrial policy.Abstract
This study investigates the economic efficiency of industrial cluster models in Uzbekistan, with a focus on their contribution to productivity, cost reduction, and sustainable development. In the face of growing environmental and economic challenges, cluster-based approaches offer integrated solutions by encouraging inter-firm collaboration, innovation, and shared infrastructure. Using a mixed-method analysis combining national statistics and expert insights, the research reveals that cluster enterprises outperform non-cluster firms across multiple performance indicators. The findings also highlight existing challenges in governance, financing, and environmental management. The study concludes by recommending targeted reforms to enhance the effectiveness and sustainability of cluster initiatives in Uzbekistan’s industrial sector.References
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