Regional Formation and Development Studies

This paper presents a thorough theoretical scientific analysis on cluster life cycles and highlights in detail the main structuring of the life-cycle types. Moreover, based on the provided example of the maritime industry cluster conditions, the author presents a deductive analysis of the entire cluster life cycle distinguishing the main local and global driving factors. Using scientific literature analysis and synthesis, systemization, as well as deduction there are outlined the emergence and evolution of the key cluster driving forces. Finally, the paper provides the most important findings on the cluster life cycle conditions that have impact on the cluster development processes.