Clusters are important drivers of regional economic growth. Although their benefits are well recognized, research into their evolution is still ongoing. Most real-world clusters seem to have emerged spontaneously without deliberate policy interventions, each cluster having its own evolutionary...

We specify and estimate a model of the early employment growth of technology-driven new ventures. Our estimated model is derived from labor demand theory. A data set of 100 German firms is used to conduct this analysis. The study's findings support the relevance of the theory as applied to these...

Telecommunications technologies, services and regulatory policies have been on a rapid spiral of evolution in recent years. However, state policies on taxation of telecommunications services and service providers and the systems of compensation of local governments for the use of public...