By OECD Organisation for Economic Co-operation and Development
This ebook explores the good fortune of significant innovation and entrepreneurship clusters in OECD international locations, the demanding situations they now face in maintaining their positions and the teachings for different areas trying to construct profitable clusters. What are the foremost components for cluster luck? What difficulties are rising at the horizon? that's the suitable function of the general public zone in aiding the growth of clusters and overcoming the stumbling blocks? The booklet addresses those and different concerns, analysing seven across the world reputed clusters intensive: Grenoble in France, Vienna in Austria, Waterloo in Canada, Dunedin in New Zealand, Medicon Valley in Scandinavia, Oxfordshire within the uk, and Madison, Wisconsin, within the usa. for every cluster, it seems to be on the components that experience contributed to its progress, the effect of the cluster on neighborhood entrepreneurship functionality, and the demanding situations confronted for additional growth. It additionally places ahead a suite of coverage concepts geared to the wider context of cluster improvement. This ebook is vital examining for coverage makers, practitioners and teachers wishing to procure sturdy practices in cluster improvement and tips on how to augment the commercial impression of clusters.
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Extra resources for Clusters, Innovation and Entrepreneurship (Local Economic and Employment Development)
There is a wide range of evidence pointing to the major importance of many other factors such as research and development, human capital formation, entrepreneurship, public infrastructure and so on (OECD, 2003, 2009). The major priority is to strengthen these factors nationally and not solely in a few concentrations, notwithstanding the national importance of certain clusters. There are therefore some important reasons for policy intervention but also some potential pitfalls. The best policy advice then is to ensure that cluster policies meet real needs on the ground.
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