The issue of the rationale for public intervention under the systems of innovation perspective has recently received an increasing attention among scholars and practitioners. However, with few exceptions, this literature has been based on the analysis of innovation policies and innovation...

Clusters are considered an adequate tool for development by governments and international organizations. Existing literature assumes that cluster policy can be universally applied & that industries cluster in similar ways. By comparing clusters in Asia, we highlight significant industrial...

This paper examines how technology specialization, measured by citations-weighted patents, affects trade flows. The paper analyzes (i) the relationship between technology specialization and export specialization across regions and (ii) how the technology specialization of origin and destination...

The paper explores development blocks around electrification at a 14 sector level in the Swedish economy 1900-1974. We suggest that long-run cointegration relations in combination with mutually Granger-causing short-run effects form a development block. One block centred on electricity that...

This study explores the value added contribution of informal investors in the entrepreneurial process, something that up to date has received very limited attention. By analyzing the life experience and career background of four informal investors the study examines the personal resources these...

Most of the studies about industrial clusters and innovation stress the importance of firms’ geographical proximity and their embeddedness in local business networks, as factors that positively affect their learning and innovation processes. More recently, scholars have started to claim that...

Two ‘stylized facts’ about innovations form the underlying motivation for this paper. First, various studies have found that innovations tend to be geographically concentrated. A number of theoretical propositions have been put forward to explain this phenomenon, most of them related to...

In this paper we argue for the need of sector contextualization to achieve a better understanding of new venture activities aimed at commercializing university generated knowledge. From this perspective, we contend that an analysis of the creation of research-based spin-offs (RBSOs) must take...

This paper sheds light on the role of the regional innovation system in facilitating the Bangalore Software cluster’s transition from a development model based on offering low cost activities/services towards a model based on an independent innovation profile. Recent research has documented...

Informal networks are often emphasized as facilitating knowledge transfer. However, we find that formal networks also contribute significantly to knowledge transfer, and in fact contribute more than informal networks. This is particularly the case when knowledge is transferred between units....