Why Are Cluster Policies Popular, Again?
- Authors:
- OECD
-
-
-
Pages
:
-
23–38
-
DOI
:
-
10.1787/9789264031838-4-en
Hide /
Show
Abstract
This chapter discusses four main issues related to the concept of clusters. First, the chapter reviews the variation in definitions of clusters and related concepts. It highlights the theoretical benefits to the clustering of firms and related actors as well as the risks associated with policies to support clusters. It then explores the role of clusters in the context of globalisation, as the changing nature of value chains has an impact on the way clusters and regional economies evolve. Finally, the chapter addresses the challenges of moving from the theory behind clusters to the role that policy can play.