Measuring the Performance of Clusters and Firms within Clusters Using the Residual Income Model Cover Image

Využití modelu založeného na přístupu residual income pro měření výkonnosti klastrů a firem v klastrech
Measuring the Performance of Clusters and Firms within Clusters Using the Residual Income Model

Author(s): Bruce Dehning , Drahomíra Pavelková
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: clusters; residual income; firm value; firm performance; competitive advantage

Summary/Abstract: Clusters of interrelated firms could be an important source of competitive advantage. However, measuring the performance of clusters and firms within clusters is difficult. In this paper we show how the residual income model can be used to measure the performance of clusters and firms within clusters. This is accomplished by separating the performance due to cluster membership from the performance due to firm-specific factors. The model developed should be of particular interest to managers of firms within clusters and the public sector in de-termining appropriate interventions for forming and supporting clusters.

  • Issue Year: 57/2009
  • Issue No: 03
  • Page Range: 230-246
  • Page Count: 17
  • Language: Slovak