This paper develops a novel clustering algorithm that systematically generates and assesses sets of cluster definitions (i.e., groups of closely related industries).
By: Christian Ketels
A new framing of competitiveness clarifies the role of regions.
This paper evaluates the role of regional cluster composition in the economic performance of industries, clusters and regions.
Industries located in regions with strong clusters (i.e. a large presence of other related industries) experience higher growth in new business formation and start-up employment.
The performance of regional economies varies markedly in terms of wage, wage growth, employment growth, and patenting rate.
The real work of raising productivity and innovative capacity usually occurs not in our nation's capital, but in the cities and regions where firms are based and competition actually takes place.
In the modern competitive marketplace, nations have their own competitive advantages. These are investigated and discussed in-depth.