Clusters - regional concentrations of related firms and organizations - are seen as being an important element of economic growth and innovation. But there is little understanding of how clusters come into existence, and little guidance provided on the role of policies that are conducive to the...

This is the most comprehensive and significant statement about the value and potential of economic geography in thirty years. More than forty leading economists and geographers from around the world investigate the rival theories and perspectives that have sustained the recent development of...