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Do clusters generate greater innovation and growth? An analysis of European regions

Rodríguez-Pose, Andrés and Comptour, Fabrice (2012) Do clusters generate greater innovation and growth? An analysis of European regions. The Professional Geographer, 64 (2). pp. 211-231. ISSN 0033-0124

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Abstract

The analysis of clusters has attracted considerable interest over the last few decades. The articulation of clusters into complex networks and systems of innovation-generally known as regional innovation systems-has, in particular, been associated with the delivery of greater innovation and growth. Despite the growing economic and policy relevance of clusters, little systematic research has been conducted into their association with other factors promoting innovation and economic growth. This article addresses this issue by looking at the relationship between innovation and economic growth in 152 regions of Europe during the period between 1995 and 2006. Using an econometric model with a static and a dynamic dimension, the results of the analysis highlight that (1) regional growth through innovation in Europe is fundamentally connected to the presence of an adequate socioeconomic environment and, in particular, to the existence of a well-trained and educated pool of workers; (2) the presence of clusters matters for regional growth but only in combination with a good social filter, and this association wanes in time; (3) more traditional research and development variables have a weak initial connection to economic development, but this connection increases over time and is, once again, contingent on the existence of adequate socioeconomic conditions.

Item Type: Article
Official URL: http://www.blackwellpublishing.com/journal.asp?ref...
Additional Information: © 2012 Taylor and Francis Group
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
Journal of Economic Literature Classification System: O - Economic Development, Technological Change, and Growth > O1 - Economic Development
O - Economic Development, Technological Change, and Growth > O2 - Development Planning and Policy
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O31 - Innovation and Invention: Processes and Incentives
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O38 - Government Policy
Sets: Departments > European Institute
Departments > Geography and Environment
Research centres and groups > Spatial Economics Research Centre
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 23 Apr 2012 13:27
URL: http://eprints.lse.ac.uk/43317/

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