Despite the widely acknowledged role of start-ups in economic development, little is known about their innovative activities compared with those of established firms. Drawing on a sample of 12,209 UK firms, we differentiate between services and manufacturing firms and, using a matching estimator...

A widely held view in cluster research is that clusters are characterized by the presence of networks of local collective learning. However, with a growing number of studies indicating this is not necessarily the case, the question arises under which conditions clusters exhibit dense networks of...

The cluster literature suffers from a number of shortcomings: (1) by and large, cluster studies do not take into account that firms in a cluster are heterogeneous in terms of capabilities; (2) cluster studies tend to overemphasize the importance of place and geographical proximity and...

Ter Wal A. L. J. and Boschma R. Co-evolution of firms, industries and networks in space, Regional Studies. The cluster literature suffers from a number of shortcomings: (1) it often neglects that cluster firms are heterogeneous in terms of capabilities; (2) it tends to overemphasize the...

How does the social capital of venture capitalists (VCs) affect the funding of start-ups? By building on the rich social capital literature, we hypothesize a positive effect of VCs’ social capital, derived from past syndication, on the amount of money that start-ups receive. Specifically, we...

Throughout the last two decades or so the global pattern of wine production has undergone fundamental changes. New players have emerged and technological and organizational changes have reshaped the way wine is produced and marketed. The aim of this study is to increase our understanding into...

This paper concerns the regional innovation system approach. It deals with the characteristics of three regional systems, Northern Hesse, Alpes-Maritime and Jena, and focusses on each regional network of innovators. In this context the importance of the size and homogeneity of a regional pool of...