How to catch mutual effects in clusters: comparative study of transitional and developed economies
AbstractIn recent years, links between spatial proximity, and firms' formal and informal contacts have become a sufficient subject for research in the field of innovation, competitiveness and sustainable economic growth. We introduce a model for the quantitative evaluation of the relationship between cluster participation and innovation capabilities, as well with a company's growth in value. The paper focuses on comparison in mutual effects for companies from transitional and developed economies. We use a sample of 284 traded European companies between 2005 and 2009 which were carefully applied and subjected to panel data analysis techniques. Our empirical findings show the positive mutual effects on innovation capabilities measured as intangible assets and companies' economic value added for both transitional and developed economies. Hereby, these links are stronger in developed countries. Moreover, we identify the complementary factors to clustering, such as industry-level public R%D expenses, country innovation infrastructure development and location in a megalopolis.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Inderscience Enterprises Ltd in its journal Int. J. of Transitions and Innovation Systems.
Volume (Year): 2 (2012)
Issue (Month): 3/4 ()
Contact details of provider:
Web page: http://www.inderscience.com/browse/index.php?journalID==160
industrial clusters; mutual effects; innovation capability; economic value added; system of innovation; transitional economies; developed economies; firm growth; Europe; research and development; public R%D expenses; innovation infrastructure; location.;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Graham Langley).
If references are entirely missing, you can add them using this form.