KTH/CESIS Working Paper Series in Economics and Institutions of Innovation
Clusters, Functional Regions and Cluster Policies
Abstract: This paper gives an overview of research on economic
clusters and clustering and is motivated by the growing intellectual and
political interest for the subject. Functional regions have the features
that agglomeration of economic activities i.e. clusters, benefit from.
Functional regions have low intra-regional transaction and transportation
cost and has access to the local labour market. The features of spatial
economic concentration were for a long time disregarded and it was first in
the early 1990s that Krugman brought the subject into the stage light. The
scientific interests of cluster and clustering phenomenon have after the
“new” introduction rapidly increased in the last decade. Hence, the subject
is being thought at various education levels. The importance of cluster and
clustering has also been recognized at a national, regional and local level
and cluster policies are becoming a major part of political thinking. These
policies are however often based on a scarce analysis where no strict
criterions are stated.
Keywords: cluster; location; functional region; knowledge; innovation; entrepreneurship; cluster policy; (follow links to similar papers)
JEL-Codes: R12; R58; (follow links to similar papers)
25 pages, February 28, 2007
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