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Impact of the types of clusters on the innovation output and the appropriation of rents from innovation

Author

Listed:
  • Manuel Portugal Ferreira

    () (Instituto Politécnico de Leiria)

  • Fernando Ribeiro Serra

    () (Uninove – Universidade Nove de Julho)

  • Benny Kramer Costa

    () (Uninove – Universidade Nove de Julho)

  • Emerson Maccari

    () (Uninove – Universidade Nove de Julho)

  • Hergos Couto

    () (Uninove – Universidade Nove de Julho)

Abstract

The ability to generate innovations and capture the rents from innovation are important for firms’ competitive advantage. Increasingly firms seek knowledge abundant locations, or industry clusters, to access novel knowledge and generate innovations through knowledge recombinations (Schumpeter, 1934). We examine how different types of clusters impact on the innovation output, the knowledge flows among the clustered firms and, ultimately, on who captures the rents from innovation. The type of cluster reflects the configuration of firms and the interactions among firms, individuals and agencies in the cluster and is likely to be a major driver of both the innovative output and of which firms will be more likely to capture the rents from innovation. Extant research has noted that the social and business networks binding firms in clusters are excellent vehicles for the flow of knowledge that eases innovations, but different types of clusters may lead to different outcomes.

Suggested Citation

  • Manuel Portugal Ferreira & Fernando Ribeiro Serra & Benny Kramer Costa & Emerson Maccari & Hergos Couto, 2013. "Impact of the types of clusters on the innovation output and the appropriation of rents from innovation," Working Papers 102, globADVANTAGE, Polytechnic Institute of Leiria.
  • Handle: RePEc:pil:wpaper:102
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    References listed on IDEAS

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    Cited by:

    1. Cristina GANESCU & Cristina SERBANICA & Sebastian ENE & Iuliana TALMACIU, 2019. "Innovation Clusters, Tools To Promote And Support Regional Smart Specialization," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(1), pages 7-18, May.
    2. repec:aio:manmar:v:xvi:y:2019:i:1:p:7-18 is not listed on IDEAS

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    More about this item

    Keywords

    clusters; types of clusters; innovation; appropriation of rents; innovation rents;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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