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The Mineral Resources Industry’s Cluster Basis in Latvian Regional Development

Year: 2014
Type: article
Abstract: The main subject of the article is the united development module for mineral resource extraction and realization in Latvia (such a mineral resource extraction as gypsum, limestone, clay, dolomite, sand and gravel). This industry’s development module is based on business development in regions, by forming clusters in regions and/or between regions.The theoretical foundation of the article is M.E. Porter, M. Delgado, A. Chatterji and others. The authors’ researches show that strong regional clusters might contribute entrepreneurship, develop regions and struggle against unemployment.The author of the article has made research about mineral resource industry in Latvia, and it reveals fragmented mineral resource industry and lack of future objectives in mineral resource industry, no consideration about sustainability, innovations neither in technologies nor in product development.
Language: English
Subfield: Development
Open Access status: diamond
OpenAlex ID: W2141763006
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