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Research Paper | Management | Bulgaria | Volume 10 Issue 3, March 2021

The Construction Cluster - A Factor for Sustainable Development of the Construction Market and the Company

Aneta Marichova ^[3]

Abstract: In today's dynamic conditions, it is especially important to achieve synchrony and coordination of actions and interests between business, people (consumers) and society, which is a factor for sustainability. The problem of sustainable development and sustainable construction impose the need for strategic and flexible cooperation between the private and public sectors and creating a new model in which the government as an economic entity has an active role and creates conditions for cooperation between different companies, educational and research institutes or in short the creation of a cluster. The aim of the study is to analyze: 1) the role of the construction cluster for sustainable development of the construction market and the company, building competitive advantages and performance in the three dimensions, 2) the role of public institutions participating in the cluster for sustainable development on the construction market and the construction company, by developing a conceptual model to be empirically tested among managers of construction clusters and firms.

Keywords: Competitive Advantages, Construction Cluster, Construction Company, Construction Market, Performance, Environmental, Social, Economic, Sustainable Development

Edition: Volume 10 Issue 3, March 2021,

Pages: 577 - 584

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