Clusters, Innovation and Entrepreneurship

image of Clusters, Innovation and Entrepreneurship

This publication explores the success of major innovation and entrepreneurship clusters in OECD countries, the challenges they now face in sustaining their positions and the lessons for other places seeking to build successful clusters.  What are the key factors for cluster success?  What problems are emerging on the horizon? Which is the appropriate role of the public sector in supporting the expansion of  clusters and overcoming the obstacles?

The book addresses these and other issues, analysing seven internationally reputed clusters in depth: Grenoble in France, Vienna in Austria, Waterloo in Canada, Dunedin in New Zealand, Medicon Valley in Scandinavia, Oxfordshire in the United Kingdom, and Madison, Wisconsin, in the United States.  For each cluster, it looks at the factors that have contributed to its growth, the impact of the cluster on local entrepreneurship performance, and the challenges faced for further expansion.  It also puts forward a set of policy recommendations geared to the broader context of cluster development.

This publication is essential reading for policy makers, practitioners and academics wishing to obtain good practices in cluster development and guidance on how  to enhance the economic impact of clusters.


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The Biotechnology Cluster of Vienna, Austria

This chapter examines the development of the Vienna biotechnology cluster and the role of policy actions in its evolution. This contribution challenges the prevailing view that the development of high-technology industries is always a spontaneous phenomenon. It will be argued that in the case of regions such as Vienna which have weak potentials for high-technology industries, the development of biotechnology clusters can be promoted with proactive policy efforts to create a favourable environment for high-technology activities. Furthermore, it will be shown that, besides the leading role played by large firms, well co-ordinated policy approaches between the national and regional level are important for developing a biotechnology industry in a region.


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