- A-Z
- Jena Economic Resea...
- Volume 1
- Cluster Life Cycles...
Cluster Life Cycles - Dimensions and Rationales of Cluster Development
- Autor(in)
- Erschienen
- 30. Oktober 2007
- Nummer des Discussion-Papers
-
2007-076
- Schlagwort(e)
-
cluster evolution
heterogeneity
life cycle
- Zusammenfsg.
-
We present a model that explains how a cluster moves through a life cycle and why this movement differs from the industry life cycle. The model is based on three key processes: the changing heterogeneity in the cluster describes the movement of the cluster through the life cycle; the geographical absorptive capacity enables clustered companies to take advantage of a larger diversity of knowledge and the stronger convergence of clustered companies compared to non-clustered companies results in a reduction of heterogeneity. We apply these processes to four stages of the cluster life cycle: emergence, growth, sustainment and decline.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- article research fields JER
- evolutionary economics
- JEL-Classification for JER
- R11 - Regional Economic Activity: Growth, Development, and Changes ; O30 - General ; L25 - Firm Performance: Size, Diversification, and Scope