What do we know about clusters? In search of effective cluster policies
AbstractGeographical clusters are in the focus of a large breadth of literature and have been discovered as a preferred policy tool by policymakers around the world. The vast literature suggests differing explanations for the advantages clusters offer to constituent firms. Yet not all of these explanations have been empirically confirmed. Before cluster policy can act as a reliable tool for economic policy, there must be a certain degree of clarity about what kind of advantages a cluster can bring to constituent firms. Therefore, the following article reviews different explanations of cluster advantages from the literature. Its aim is to identify concrete mechanisms through which these advantages materialize. On the basis of these mechanisms the article identifies questions in cluster theory that are still open and defines steps for further research to develop a comprehensive theory of cluster policy.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 43848.
Date of creation: 2009
Date of revision: 2009
clusters; cluster theory; cluster policy; agglomeration; increasing returns to scale;
Find related papers by JEL classification:
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
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