The subject of this study is the strategy of the innovative-industrial cluster. The purpose of this work is to form a cluster strategy using parallel and sequential real options. The method proposed for this involves applying a parallel real option when justifying the prospect of acquisition,...

We develop a unified stochastic frontier model which controls for the local spatial correlation and the global factor dependence as well as parameter heterogeneity, simultaneously. We then propose the regional productivity network analysis to examine the diffusion impacts of the capital...

Contemporary planning in tourism means a reception of strategic objectives that will provide a versatile understanding of the factors and influences and its impact on this problem. Cluster approach in this sense refers to using new methodology. It is used for the first time in strategic...

This essay examines the diffusion of growth poles in Italy. This means inquiring not only into the mechanisms of the forces of convergence and divergence but also, indeed primarily, into its geographical dimension, i.e. the spatial course of development. This aspect receives little emphasis in...

What causes regions such as Kyoto (city and prefecture) to create a self-sustaining critical mass, or cluster, of new venture start-ups in emerging sectors? Can this success in ‘clustering’ entrepreneurial businesses be replicated elsewhere? What are the most effective ways to connect...

The paper deals with the local networks and/or European clusters (the SMEs networking at local level and clustering at the European level). It focuses on ‘steps’ towards clustering and networking SMEs in the frame of a public involvement and/or sensitization process. SMEs’ capacity...