Why do biotech firms cluster? New and established firms in biotech clusters are said to capitalize on knowledge … cluster itself, rather than the individual, is the locus of entrepreneurship. Such arguments, however, do not resolve the … mechanism by which clusters might contribute to the establishment of new firms. This paper proposes a conceptual framework for …

the biotechnology industry in the European Union (EU). Universities act as platforms for local knowledge spillovers and … universityindustry cluster development in the biotechnology field. The R&D activities at universities contribute to successful business …, endogenous growth theory, biotechnology, as well as theories of social capital and social networks. The quantitative research …

A widespread assumption in economic geography and the economics of innovation is that firms located in clusters benefit … need to be more careful with the assumption of technological knowledge spillovers in innovative clusters. The significant …

entrepreneurship. …