Combined heat and power (CHP) plants are widely used in industrial applications. In the aftermath of the recession, many of the associated production processes are under-utilized, which challenges the competitiveness of chemical companies. However, under-utilization can be a chance for tighter...

This paper looks at how clusters can help to create competitive advantage for firms. The differences between clusters in terms of their structure and internal dynamics are discussed, with reference to a number of typologies. The life cycle dimension of cluster development is also considered....