Clusters’ development: spin-offs and external economies

Christian Garavaglia

No 226, KITeS Working Papers from KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy

Abstract: The claim of the paper is that industrial clusters need to be studied from a dynamic perspective. The complexity of cluster formation may be ascribed to its multi-dimensional and multidisciplinary character. The former refers to the co-involvement of individuals’ decisions, firms’ activities and institutions. The latter relates to the psychological, social, cultural and economic aspects needed to explain the birth end evolution of firms’ agglomerations. The paper proposes that theoretical framework which integrate different explanations, as put in evidence by the different approaches in literature, is more apt for grasping the evolution and complexity of clusters. Particular emphasis is given to the processes of spin-off formation.

Keywords: cluster; spin-off; entrepreneurship; social ties; external economies. (search for similar items in EconPapers)
JEL-codes: D85 L26 M13 O18 R11 (search for similar items in EconPapers)
Pages: pages 29
Date: 2008-11, Revised 2008-11
New Economics Papers: this item is included in nep-ent, nep-geo and nep-soc
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