Clustering Dynamics And The Location Of High-tech-firms (contributions To Economics)

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The book presents a comprehensive analysis of the process of high-tech firms clustering from a theoretical and empirical perspective. The theoretical analysis shows the effects of geographical and agglomeration factors on firms' location decisions and demonstrates that critical mass and carrying capacity are crucial phenomena in the "life cycle" of the cluster. The empirical analysis, based on an original database of four OECD countries, measures the effects of scale versus agglomeration economies and of inter-industrie synergy versus inter-cluster competition on the growth path of the cluster. The analysis points to some policy implications on high-tech cluster development and science parks' planning and supervision.

Front Matter....Pages I-XII Introduction....Pages 1-3 What do we know about the clustering of high-tech firms?....Pages 5-62 Theoretical literature review....Pages 63-93 Modelling firms’ location and cluster development....Pages 95-147 Survey of empirical literature....Pages 149-164 Empirical analyses of the Location of high-tech firms and of cluster development....Pages 165-195 Policy implications....Pages 197-217 Conclusion and research agenda....Pages 219-220 Back Matter....Pages 221-248