The effects of cluster cooperation as a source of company value creation

The objective of the study is to investigate the effects of cluster cooperation which might affect company value creation. The study has been developed among companies cooperating and competing within two Polish business clusters: aviation and fish products. Due to the fact that the data used was from the questionnaire in which the authors attempted to measure latent variables, such as competitiveness or cluster awareness, the results of the survey were subject to the partial least squares (PLS) analysis. In conclusion, cooperation between specialised and geographically concentrated entities shows benefits affecting the increase in productivity. However, the enterprises’ awareness of them benefiting from cluster cooperation and the formalisation of a cluster are not essential factors in the process of achieving additional benefits affecting company value creation.