In brief...Swings and silicon roundabouts: does cluster policy work?
Max Nathan
CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE
Abstract:
Despite scepticism among researchers, policies to promote geographical clusters of firms in the same sector remain popular. Max Nathan evaluates a flagship programme set up a decade ago to accelerate the growth of Tech City in East London. While the cluster has increased in size and density, the outcomes for firm performance are - at best - mixed. That raises some bigger questions for future cluster policies.
Keywords: cities; clusters; technology; economic development; synthetic controls (search for similar items in EconPapers)
JEL-codes: L53 L86 O31 R30 R50 (search for similar items in EconPapers)
Date: 2020-03-02
New Economics Papers: this item is included in nep-sbm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:571
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