Cluster Genesis: Technology-Based Industrial Development. By Pontus Braunerhjelm and Maryann Feldman, eds. Oxford University Press.
Clusters — regional concentrations of related firms and organizations — are seen as being an important element of economic growth innovation. But there is little understanding of how clusters come into existence, and little guidance provided on the role of policies that are conducive to the formation of clusters. Cluster Genesis focuses on these early origins of clusters. The case histories of well-known, established clusters, as well as more recently-developed clusters are discussed. Leading scholars contribute chapters examining cluster genesis, the divergent processes by which clusters arise, how multinationals contribute to cluster development, and how economic development policy may promote or hinder cluster genesis.