The existing literature on cluster embeddedness largely neglects the impact of finance on the development of firms' network linkages. This is striking in so far that particularly venture capital is often referred to as "smart money" providing firms not only with funds but also with network...

The aim of this chapter is to highlight the importance of emerging industries in a continuously changing and globalized world, dominated by constant shifts of consumers’ behavior, when the arising new needs fuel the innovative approach of companies to upgrade their products and services. The...

We analyse the determinants of network formation in German's biotechnology sector combining elements from social network analysis (SNA) and a regression framework for count data. For the latter we adopt a regional innovation system perspective, we estimate the number of total and interregional...