Clusters as Innovation Engines: The Accelerating Strengths of Proximity
Ferras X, Nylund P (2019)
Publication Status: Published
Publication Type: Journal article
Publication year: 2019
Journal
Publisher: WILEY PERIODICALS, INC
Book Volume: 16
Pages Range: 37-53
Journal Issue: 1
DOI: 10.1111/emre.12330
Abstract
As economic competition is becoming global, innovation clusters emerge as a salient level of competitive analysis. We hence study when and how innovation clusters strengthen innovation at firm level. We review insights in this topic from different theoretical perspectives, for example, neoclassical economics, evolutionary economics, behavioral economics, strategic management and open innovation, in search of a comprehensive theoretical framework that explains the relationship between firm innovation and the concentration of innovative activities in the proximity. We then deduce five strengths which drive technological change in innovation clusters, namely attraction, information, interaction, anticipation, and rivalry. The model has implications for researchers, managers, and policymakers and contributes to our understanding of the acceleration of innovation within clusters.
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Spain (ES)How to cite
APA:
Ferras, X., & Nylund, P. (2019). Clusters as Innovation Engines: The Accelerating Strengths of Proximity. European Management Review, 16(1), 37-53. https://dx.doi.org/10.1111/emre.12330
MLA:
Ferras, Xavier, and Petra Nylund. "Clusters as Innovation Engines: The Accelerating Strengths of Proximity." European Management Review 16.1 (2019): 37-53.
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