The Benefits (or not) of clusters

evidence from the United Kingdom

Stephen Chen

Research output: Chapter in Book/Report/Conference proceedingConference proceeding contribution

Abstract

There are now several dozens of industry clustering projects being conducted worldwide aimed at encouraging economic growth and development within countries and regions. However, there are surprisingly few studies that have critically examined the effects of clustering on firm performance. The aim of this study is to test whether or not industry clustering does in fact have a significant effect on competitive performance across a number of different industry sectors using multilevel spatial statistical methods. The study shows that although significant clustering effects can be observed in industries, the link to firm performance is less clear.
Original languageEnglish
Title of host publicationFrontiers of entrepreneurship research 2007
EditorsAndew Zacharakis
Place of PublicationBabson Park, MA
PublisherBabson College
Number of pages10
ISBN (Print)091089728X
Publication statusPublished - 2007
Externally publishedYes
EventBabson College Entrepreneurship Research Conference - Madrid
Duration: 7 Jun 20079 Jun 2007

Conference

ConferenceBabson College Entrepreneurship Research Conference
CityMadrid
Period7/06/079/06/07

Keywords

  • entrepreneurship

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