This book addresses the role of cooperation, networks and institutions in the context of regional innovation systems. It emphasises the importance of these factors in the emergence of local innovation systems, using detailed examples of clusters which have reached different stages of maturity.
Addressing the role of regional clusters in the context of ongoing globalization, this timely book investigates the two seemingly competing trends of globalization and localization from both quantitative and qualitative perspectives. International case studies offer pioneering insights into the internationalization process of regional clusters and the effect of this on regional as well as firm performance.
One-size-fits-all cluster policies have been rightly criticized in the literature. One promising approach is to focus cluster policies on the specific needs of firms depending on the stage of development (emergence, growth, sustainment or decline) their cluster is in. In this highly insightful book, these stage-specific cluster policies are analysed and evaluated. Moreover, several chapters also focus on smart specialization policies to promote regional development by taking into account the emergence and adaptation of clusters and industries.