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Clusters of Entrepreneurship and Innovation

  • Aaron Chatterji
  • Edward L. Glaeser
  • William R. 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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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 19013.

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Date of creation: May 2013
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Publication status: published as Clusters of Entrepreneurship and Innovation , Aaron Chatterji, Edward Glaeser, William Kerr. in Innovation Policy and the Economy, Volume 14 , Lerner and Stern. 2014
Handle: RePEc:nbr:nberwo:19013
Note: PR
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