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The Genesis of Industrial Clusters
KTH, School of Architecture and the Built Environment (ABE), Transport and Economics (closed 20110301).ORCID iD: 0000-0003-0218-7924
2007 (English)In: Cluster Genesis: Technology-Based Industrial Development, Oxford University Press , 2007Chapter in book (Other academic)
Abstract [en]

In addition to giving a short overview of the content of the book, this chapter summarizes the main policy conclusions. Cluster formation is a process that relies on the co-evolution of technology, business models, and local supporting institutions. Serendipity in cluster emergence is a conspicuous feature in the cases presented here, and has also been confirmed in the previous literature. Three prominent features of cluster formation emerge. First, the emergence and sustainability of clusters seems to critically interact with entrepreneurial activities. Second, spin-offs from old firms, or individuals with previous entrepreneurial experience, become crucial assets in the development of clusters. Third, policies are by no means redundant in the case of cluster emergence, despite a high element of serendipity.

Place, publisher, year, edition, pages
Oxford University Press , 2007.
Keyword [en]
Entrepreneurship, Framework, Incentive, Institutions, Policy
National Category
Economics
Identifiers
URN: urn:nbn:se:kth:diva-161857DOI: 10.1093/acprof:oso/9780199207183.003.0001Scopus ID: 2-s2.0-84920059484ISBN: 9780199207183 (print)OAI: oai:DiVA.org:kth-161857DiVA: diva2:796378
Note

QC 20150319

Available from: 2015-03-19 Created: 2015-03-17 Last updated: 2015-03-19Bibliographically approved

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