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Clusters of Entrepreneurship and Innovation

In: Innovation Policy and the Economy, Volume 14

  • Aaron Chatterji
  • Edward Glaeser
  • William Kerr

This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United States. We discuss rationales for the agglomeration of these activities and the economic consequences of clusters. We identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation. While arguments exist for and against policy support of entrepreneurial clusters, our understanding of what works and how it works is quite limited. The best path forward involves extensive experimentation and careful evaluation.

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This chapter was published in:
  • Josh Lerner & Scott Stern, 2014. "Innovation Policy and the Economy, Volume 14," NBER Books, National Bureau of Economic Research, Inc, number lern13-1, December.
  • This item is provided by National Bureau of Economic Research, Inc in its series NBER Chapters with number 12943.
    Handle: RePEc:nbr:nberch:12943
    Contact details of provider: Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
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