The article questions the reasons explaining the localized character of innovative firms? founding. Based on an in-depth qualitative field study reconstructing the founding mechanisms of German biotechnology firms, it demonstrates that localized knowledge spillovers ? which are frequently...

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...

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...