Regional clusters are important sources ofcompetitiveness for localities; the externalities they generate triggerinnovation and learning. This study considers the importance of cluster effectsin determining the productivity spillovers from foreign direct investment (FDI)in the UK. It focuses on...

This paper examines the link between cluster development and inward foreign direct investment. The conventional policy approach has been to assume that inward foreign direct investment (FDI) can stimulate significant clustering activity, thus generating significant spillovers. This paper,...