Although firm foundings and the formation of regional clusters are two processes that have separately attracted a lot of scientific attention during recent years, not much research has been conducted to analyse the interrelation between these two processes. This paper gives some new insights into this relation and a framework is presented into which empirical observations and theoretical considerations can be placed. The core elements are the effects the two processes have on each other in the different stages of cluster formation and development.
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Find related papers by JEL classification: D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups R12 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
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