“Don’t throw the baby out with the bath water”. Network failures and policy challenges for cluster long run dynamics

Jérôme Vicente

No 1420, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: Cluster policies have been recently called into question in the aftermath of several empirical evidences. Disentangling how market and network failures arguments play together in cluster policy design, we look for more robust micro foundations of network structuring in clusters. Our aim is to show that, in spite of this growing skepticism, new opportunities for cluster policy exist. They require moving their focus from the “connecting people” one best way that gets through the whole of cluster policy guidelines, to more surgical incentives for R&D collaborations, which favor suited structural properties of local knowledge networks along the life cycle of clusters.

Keywords: cluster policy; knowledge spillover; network failures (search for similar items in EconPapers)
JEL-codes: B52 D85 O33 R12 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2014-10, Revised 2014-10
New Economics Papers: this item is included in nep-cse, nep-geo, nep-ino, nep-net, nep-reg, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:egu:wpaper:1420

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