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Effects of Being Located in a Cluster on Economic Actors

In: Agglomeration and Firm Performance

Author

Listed:
  • Dirk Fornahl

    (University of Bremen)

  • Nils Grashof

    (University of Bremen)

  • Cathrin Söllner

    (University of Bremen)

Abstract

The greatest assets of clusters are their positive external effects or knowledge spillovers generated through the colocation of firms of the same or similar industries. These externalities can have a positive influence on various performance indicators, not only for firms inside clusters but for the entire region in which clusters are embedded as well. However, several empirical studies show that these positive results do not always manifest themselves. Moderating effects such as industry- or country-specific as well as cluster- and firm-specific characteristics play important roles. Therefore, the goal of this chapter is to provide an overview on the effects both inside and outside of clusters identified in empirical studies, thereby investigating the following indicators: innovativeness, productivity, employment growth and wage level, entrepreneurship, survival probability and growth of start-ups as well as resilience.

Suggested Citation

  • Dirk Fornahl & Nils Grashof & Cathrin Söllner, 2018. "Effects of Being Located in a Cluster on Economic Actors," Advances in Spatial Science, in: Fiorenza Belussi & Jose-Luis Hervas-Oliver (ed.), Agglomeration and Firm Performance, pages 11-24, Springer.
    • Handle: RePEc:spr:adspcp:978-3-319-90575-4_2
    DOI: 10.1007/978-3-319-90575-4_2
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