Although firm foundings and the formation of regional clusters are two processes that have separately attracted a lot of scientific attention during recent years, not much research has been conducted to analyse the interrelation between these two processes. This paper gives some new insights...

We present a model that explains how a cluster moves through a life cycle and why this movement differs from the industry life cycle. The model is based on three key processes: the changing heterogeneity in the cluster describes the movement of the cluster through the life cycle; the geographical...

This book rigorously explores the critical, initial stage of cluster emergence in which the seeds for further growth are sown. Whether economic growth actually occurs, however, ultimately depends on various regional conditions and the processes in place. The contributors offer a broad spectrum...

We present a model that explains how the very cluster dynamics is both the driver for the movement of a cluster through a life cycle and the reason why this movement differs from the industry life cycle. The model is based on two key processes: the first is that the emergence, growth, decline...