adopting the cluster approach either with a view to accelerate the existing clusters or for providing the basis for the … competitiveness, industrial development, innovation and growth. But, although cluster policies have a potential for generating … during time, the presence of potential benefits from cluster initiatives is not per se a sufficient foundation or a …

Many governments have established cluster policies to foster innovation and support hightech industries through …

collocation) of entrepreneurial firms in related industries influences cluster growth. Two types of effects are considered that …

temporary monopoly profit (thus providing an incentive to produce that knowledge). Within an R&D cluster, firms co … a club good by all firms in the cluster, it is the major fuel for growth. Within the close upstream and downstream links … the knowledge generated in the cluster is shared and further developed by the firms. This mechanism only works if (i …

Cluster policy is recognized as one of the pivotal elements of state-of-art innovation policy. State support for … innovation policy drafting and implementation. Cluster development stimulates trust building and enhances knowledge spillovers … among different organizations in the region. Finally the cluster approach makes innovation policy more systemic by …