For more than two decades cluster policies have emerged as a central focus for decision-makers trying to instigate territorial development. The benefits, especially in terms of collective learning, knowledge sharing and other types of agglomeration economies and spill-over effects, are well...

Globalization and technological innovations create investment opportunities for firms worldwide. In fact, while firms pursue foreign direct investment (FDI) opportunities on a global basis, countries compete to attract these flows. Investment decisions by firms depend on complex and distinct...

Current article provides empirical evidence on the process of structural transformations of an international cluster. The research is held under the case study approach of the biopharmaceutical cluster Medicon Valley. According to the research results, an organized international cluster has...