The concept of industrial clusters has attracted much attention during the past decade, both as descriptive of an increasingly important phenomenon and as a basis for effective public intervention in the economies of lagging city-regions. However, there is much ambiguity in the way in which this...

This paper discusses the institutional and organizational assumptions underlying many of the currently popular notions of industrial clustering. By adopting a transactions costs perspective, we explain that there are three fundamentally different types of industrial cluster. We then discuss how...

This paper provides a critical examination of the widely disseminated view that innovation in all or most activities is favoured by certain common characteristics in the local 'milieu', involving a cluster of many small firms benefiting from flexible inter-firm alliances, supported by mutual...

This volume comprises a selection of key papers which map out the latest developments in various aspects of spatial economics and economic geography. Edited by a leading authority in the field, this collection brings together papers which reflect both the depth of analysis and also the diversity...