Although industry clusters are major targets of regional economic development in less developed regions as well, we still need a deeper understanding on how spatial clustering of firms generates dynamics in lagging regions. These latter environments may differ too much from those typical cluster...

The aim of this paper is to adapt related variety calculations to the special case of Hungarian regional development in the late post-socialist transition period. First, we test regional employment growth in rising and declining regions separately, in order to distinguish those areas that could...