Other Unpublished Work | 2003

The Development of the Cluster Concept—Present Experiences and Recent Developments

by Christian H.M. Ketels

Abstract

This review presents an overview of the current research on clusters and cluster-based economic development. It is organized in three parts: First, it takes a look at the conceptual foundations of the cluster approach, discussing the definition of clusters, the different types of clusters, the economic benefits that clusters provide, and the factors that influence cluster performance. Second, it summarizes some of the research testing the conceptual framework empirically. Third, it discusses the current knowledge about cluster-based economic development. While there is a fairly good understanding of clusters as an empirical phenomenon there is far less systematic knowledge about turning this understanding into effective policies.

Keywords: Growth and Development Strategy; Industry Clusters; Development Economics; Performance; Framework; Knowledge Sharing; Policy;

Citation:

Ketels, Christian H.M. "The Development of the Cluster Concept—Present Experiences and Recent Developments." Germany, North Rhine-Westphalia, Ministry of Economic Affairs and Energy, Dusseldorf, Germany, December 2003.