Clusters Networks And Innovation
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Clusters, Networks and Innovation
Author: Stefano Breschi
language: en
Publisher: Oxford University Press
Release Date: 2005-12-22
Examining the role of the much-vaunted concepts of regional clusters in the prosperity and economic expansion of countries, this work looks at the different experiences of industrial districts and high-tech regions such as Silicon Valley, Boston's biotech region, and Hsinchu-Taipei.
Clusters, Networks and Innovation
Governments and regional authorities often express the belief that the key to prosperity and economic expansion is related to the ability of countries to sustain regional clusters of competitiveness and innovation. The book reviews the most important conceptual approaches to the analysis of the emergence, growth and evolution of clusters of innovation. Drawing from the different experiences of industrial districts and high-tech regions such as Silicon Valley, Boston's biotech region, and Hsinchu-Taipei, the contributions in this book offer a broad interpretative framework and policy implications for the creation and strengthening of competitive clusters. Themes include: · the wide variety of existing clusters and the diversity in their emergence and growth; · the international mobility of factors and demand linkages; · the role of different network types and the social setting; · the accumulation of capabilities in key large actors and the importance of spinoffs and new firm formation; · the role of different learning regimes and sectoral specificities; · the importance of social networks, labour mobility, and face-to-face contacts as vehicles of knowledge spillovers. Broad implications are drawn for the design of policies to encourage successful economic clusters in developed and developing clusters.
Innovation Networks and Clusters
In Economics, networks are increasingly used to describe the many links created between independent companies, as well as between them and other institutions (universities, banks, venture capital, etc.). In the current global and knowledge-based economy, they can be characterised as knowledge factories and knowledge boosters. They feed the internal processes of innovation (collaborative innovation) or the external processes of innovation, created by the propagation effects that come from inter-firm collaboration. The book explains how innovation networks are at the origin of the production of new knowledge that will be transformed and used in common as well as in separated production processes. This characteristic of networks as knowledge factories gives incentives to further investment in the production of knowledge and ensures the cumulativeness of the innovation process. Some of the authors clearly take a territorial point of view and study how clusters (in different parts of the world: Europe, Eastern Asia and North America) propelled by the quality of the innovation networks they enclose, can be characterised as knowledge pools into which the local actors will be able to draw to reinforce their individual and collective competitiveness. This book also includes analyses of the quality of the networks built within clusters, which may help their identification.