Using international examples, leading scholars present the first critical analysis of cluster theory, assessing the cluster notion and drawing out, not only its undoubted strengths and attractions, but also its weaknesses and limitations. Over the past decade the ‘cluster model’ has been seized on as a tool for promoting competitiveness, innovation and growth on local, regional and national scales. However, despite its popularity there is much about it that is problematic, and in some respects the rush to employ ‘cluster ideas’ has run ahead of many fundamental conceptual, theoretical and empirical questions. Addressing key questions on the nature, use and effectiveness of cluster models, Clusters and Regional Development provides the missing thorough theoretical and empirical evaluation.

Analyses the economic development of cities from the 'cultural economy' and 'creative industry' perspectives.

Going beyond the celebrated 'hot-spots' of economic development, this book draws upon evidence from a broader range of cities and regions to help fill some important gaps in our knowledge of how clusters operate within the contemporary global economy. This book was previously published as a special issue of the journal Urban Studies.

Clustering as an economic policy concern has become increasingly fashionable. The authors of this book shed light on this subject of which there remains remarkably little understanding, and even less agreement, regarding what clusters are, what they require for success and what impacts they are likely to have in different contexts, locally, nationally and globally. Clusters and Globalisation brings together scholars with different perspectives and theoretical groundings, and from different disciplines, to consider conceptual arguments and case study material. In doing so the volume identifies key characteristics and requirements of the forms of cluster that are especially significant for the attainment of economic success in a globalising world. This unique critical analysis of clusters in the framework of globalisation will strongly appeal to students and academics with an interest in economic development, public policy and globalisation. The book will also be of great interest to researchers in policy agencies concerned with local economic development and the design of cluster policies.

In recent decades, the importance of creative cluster development has gained increasing recognition from national and regional governments. Governments have been investing in initiatives and urban development plans that aim to create or support localized creative industries. Our understanding of creative clusters is expanded with this insightful volume, which looks at issues of governance, place-making and entrepreneurship. In addition to its theoretical contributions, the book also presents a rich range of international case studies, including, among others, an analysis of coworking spaces in Toronto, business park development in MediaCityUK and mediapark.brussels and public-private partnerships in Warsaw. Creative Cluster Development will be valuable reading for advanced students, researchers and policymakers in urban planning, regional studies, economic geography, innovation studies and the creative and cultural industries.

Regional economic development has experienced considerable dynamism over recent years. Perhaps the most notable cases were the rise of China and India to emergent country status by the turn of the millennium.

America's position as the source of much of the world's global innovation has been the foundation of its economic vitality and military power in the post-war. No longer is U.S. pre-eminence assured as a place to turn laboratory discoveries into new commercial products, companies, industries, and high-paying jobs. As the pillars of the U.S. innovation system erode through wavering financial and policy support, the rest of the world is racing to improve its capacity to generate new technologies and products, attract and grow existing industries, and build positions in the high technology industries of tomorrow. Rising to the Challenge: U.S. Innovation Policy for Global Economy emphasizes the importance of sustaining global leadership in the commercialization of innovation which is vital to America's security, its role as a world power, and the welfare of its people. The second decade of the 21st century is witnessing the rise of a global competition that is based on innovative advantage. To this end, both advanced as well as emerging nations are developing and pursuing policies and programs that are in many cases less constrained by ideological limitations on the role of government and the concept of free market economics. The rapid transformation of the global innovation landscape presents tremendous challenges as well as important opportunities for the United States. This report argues that far more vigorous attention be paid to capturing the outputs of innovation - the commercial products, the industries, and particularly high-quality jobs to restore full employment. America's economic and national security future depends on our succeeding in this endeavor.