How we increase competitiveness
The CCA uses the “cluster” approach as a framework within which to bring associated businesses and institutions together to work on issues of common interest. Regional clusters of firms in wood processing and forestry have been developed in the Zenica and Bihac regions, and tourism clusters are located in the Sarajevo, Herzegovina, and Krajina regions.
Clusters are groups of interconnected firms, suppliers, related industries, and institutions located in particular geographic areas. Cluster groups operate as networks. Cluster members build buyer-supplier relationships and help each other meet market standards for design, production and delivery. Cluster groups also link economic institutions, such as banks and investors, or schools and regulatory agencies more directly to the firms that are part of the production side of the cluster.
Developing a competitive advantage is not simple. It requires knowledge-based strategies, an intimate understanding of customers, collaboration among firms, and a good business environment developed through cooperative relationships between the government and the private sector. Above all, it requires the active involvement of all interested parties in raising BiH’s ability to respond to the demanding and dynamic local and global market.
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Wood processing and forestry
