Business, Management and Accounting
8 years ago

Automotive clusters drive regional development, transforming cities into economic powerhouses.

DOAJ (DOAJ: Directory of Open Access Journals)
INFLUENCE OF AUTOMOTIVE CLUSTERS IN REGIONAL DEVELOPMENT
Constantin Bordei

Paper Summary

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The automotive industry has played a significant role in regional development by creating jobs and boosting technology. Changes in the sector have led to improvements in manufacturing processes and economic growth in cities and regions. Foreign investments in the automotive sector have also contributed to this development. Overall, automotive clusters have become vital hubs of development and will continue to be analyzed for their impact on society and the economy.