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By OECD Organisation for Economic Co-operation and Development

This e-book explores the luck of significant innovation and entrepreneurship clusters in OECD nations, the demanding situations they now face in maintaining their positions and the teachings for different locations trying to construct profitable clusters. What are the major elements for cluster luck? What difficulties are rising at the horizon? that's the precise function of the general public area in helping the growth of clusters and overcoming the hindrances? The ebook addresses those and different concerns, analysing seven across the world reputed clusters extensive: Grenoble in France, Vienna in Austria, Waterloo in Canada, Dunedin in New Zealand, Medicon Valley in Scandinavia, Oxfordshire within the uk, and Madison, Wisconsin, within the usa. for every cluster, it seems to be on the components that experience contributed to its development, the impression of the cluster on neighborhood entrepreneurship functionality, and the demanding situations confronted for extra enlargement. It additionally places ahead a suite of coverage suggestions geared to the wider context of cluster improvement. This book is key examining for coverage makers, practitioners and teachers wishing to acquire stable practices in cluster improvement and assistance on how to reinforce the commercial impression of clusters.

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Additional resources for Clusters, Innovation and Entrepreneurship (Local Economic and Employment Development)

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One of the most important lessons from cluster experience to date is that policy should not seek to build clusters in places where the necessary critical mass and conditions do not exist, corresponding to the “wishful thinking” clusters of Enright (2003) (policy driven clusters that lack not only a critical mass, but also any particular source of advantage that might promote organic development). This is much less likely to be a problem in the case of major clusters with significant history but caution should be applied when seeking to apply the lessons to very small clusters.

And P. Sunley (2006), “Path Dependence and Regional Economic Evolution”, Journal of Economic Geography, Vol. 3, No. 1, pp. 395-437. CLUSTERS, INNOVATION AND ENTREPRENEURSHIP – ISBN 978-92-64-04442-5 – © OECD 2009 39 1. , E. Reynolds and A. Reamer (2008), “Clusters and Competitiveness: A New Federal Role for Stimulating Regional Economies”, paper from the Metropolitan Policy Program at Brookings, Brookings Institution, Washington DC. Observatory of European SMEs (2002), Regional Clusters in Europe, Luxembourg: Office for Official Publications of the European Union.

J. Poot and M. Smit (2008), “Agglomeration Externalities, Innovation and Regional Growth: Theoretical Perspectives and Meta Analysis”, University of Waikato, Working Paper in Economics 01/08, Waikato, New Zealand. Duranton, G. and D. Puga (2004), “Micro-foundations of Urban Agglomeration Economies”, in J. V. -F. ), Handbook of Regional and Urban Economics: Cities and Geography, Elsevier, Amsterdam, Vol. 4, pp. 2063-2117. 38 CLUSTERS, INNOVATION AND ENTREPRENEURSHIP – ISBN 978-92-64-04442-5 – © OECD 2009 1.

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