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Industrial Clusters And Innovation: An Evaluation And Implications For Economic Cohesion

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Author Info

  • Borghi, Elisa
  • F. del Bo, Chiara
  • Florio, Massimo

Abstract

This paper studies the role of industrial clusters in stimulating regional innovation and economic cohesion in Europe. Starting from an overview of industrial clusters in the EU, in which we highlight the strengths and weaknesses of agglomerations of firms, we empirically investigate how cluster and regional characteristics influence R&D investment and innovation output and the role they play in fostering economic cohesion. We find that the presence and size of clusters significantly enhance regional innovation in Europe; however, the industry in which regions specialize matters. In particular, specialization in medium-high and high-technology clusters seems to create a better environment for innovation and R&D. Finally, the presence of clusters in a region is positively associated with higher levels of employment.

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File URL: http://www.usc.es/econo/RGE/Vol19_ex/ingles/art7i.pdf
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Bibliographic Info

Article provided by University of Santiago de Compostela. Faculty of Economics and Business. in its journal Revista Galega de Economía.

Volume (Year): 19 (2010)
Issue (Month): ex ()
Pages:

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Handle: RePEc:sdo:regaec:v:19:y:2010:i:ex_7

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Postal: Avda Xoan XXIII S/N, 15704 Santiago de Compostela
Web page: http://www.usc.es/econo/RGE/benvidag.htm
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Related research

Keywords: Clusters; Innovation.;

References

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  1. André Sapir & Philippe Aghion & Giuseppe Bertola & Martin Hellwig & Jean Pisani-Ferry & Bernard Lange & José Viñals & Helen Wallace & Marco Buti & Mario Nava & Peter Smith, 2004. "An agenda for a growing Europe: the Sapir report," ULB Institutional Repository 2013/8070, ULB -- Universite Libre de Bruxelles.
  2. Soubeyran, Antoine & Thisse, Jacques-Francois, 1999. "Learning-by-Doing and the Development of Industrial Districts," Journal of Urban Economics, Elsevier, vol. 45(1), pages 156-176, January.
  3. David B. Audretsch, 1995. "Innovation and Industry Evolution," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011468.
  4. Zoltan Acs & David Audretsch, 1990. "Innovation and Small Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011131.
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