It is widely acknowledged that young ventures and fast growing firms have a strong impact on economic growth and employment creation. It is not only entrepreneurial dynamics associated to entry and exit of new ventures, but also the ability of firms to survive and grow, that is important for...

The aim of this chapter is to identify how different productive policies in Latin America considered regional development and how they impacted on regional development. Different productive policy periods since 1890 are identified and examples on how they considered regional development are...

Can state-owned banks spur development? Gerschenkron (1962) identified the State Bank of the Rus- sian Empire as the main institutional driver of the country's catch-up industrialization. In this paper, we test this assertion by evaluating the outcome of a policy experiment (1892-1903) under the...

The literature on clustering has highlighted several advantages of industrial agglomerations. Persons and firms benefit from the production and innovation activities of neighbouring companies in the same and related industries. Considering such benefits, which are viewed as positive...

On the last decades, European countries have increased their focus on local production systems as a matter of industrial policy measures. Based on the works related to industrial districts of Becatini (1989), Brusco (1990), Ybarra (1991 and 1996) and Dei Ottati (1994), or the later contributions...