Factors which contribute to clustering process

To start a real prospect of success strategy, has become increasingly clear that companies need to participate in clusters, networks, alliances and collaborations, to reduce the risks of any kind. In this context innovative regional clusters is a step forward, as it ensures economic growth through regional and national companies interrelation of cluster components at a high level, leading them towards functioning in an integrated system. The paper is based on a study that outlines the importance of the equilibrium of key success factors related to clustering process. The survey and interviews, adopted as research techniques, indicates that there are two main groups of factors hard success factors (knowledge, institutional support and management) and soft success factors (education and human resource development and entrepreneurial behavior) which can contribute significantly to foster any clustering process. The empirical study was based on a questionnaire which was sent to the members of Transylvanian Furniture Cluster witch has 34 organizations as members, 21 manufacture companies. The cluster has been established in 2012 as an innovative cluster. Topics of interest for cluster include: increasing interaction between companies, academic institutions and other entities involved in supporting the furniture industry; increasing the economic influence of the cluster in the furniture production sector; active involvement at a legislative level, initiating project proposals and undertaking the following projects, developing strategies on a local, national, and international level; initiating strategic partnerships both on domestic and on foreign markets, with the goal of increasing cluster dimensions.