In the 21st century clusters can be observed in most developed economies. However, the scientific results regarding the effect of clusters on firm performance are highly contradictive. This inconsistency in the empirical results makes it difficult to infer general conclusions about the...

"This expertly edited book investigates the role of specific clusters and cluster policies for the competitiveness and development of regions facing stagnation and decline, or challenges of catching up or transforming their economic structures. Bringing together a team of skilled contributors,...