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What is Cluster of Companies

Handbook of Research on Smart Territories and Entrepreneurial Ecosystems for Social Innovation and Sustainable Growth
The term, also known as an Industry Cluster, Competitive Cluster, or Porterian Cluster, was introduced and popularized by Michael Porter (1990) AU19: The in-text citation "Michael Porter (1990)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. . The importance of Economic Geography, or more correctly Geographical Economics, was also brought to attention by Paul Krugman (1991) . Clusters development has since become a focus for many government programs, such as H2020 program. The underlying concept, which economists have referred to as Agglomeration Economies, dates back to 1890 and the work of Alfred Marshall in his Principles.
Published in Chapter:
Regional Impact of Innovation: The Case of an H2020 Project in Central and Western Europe
José R. Gutierrez (ESIC University, Spain)
DOI: 10.4018/978-1-7998-2097-0.ch014
Abstract
Since the 1980s, a great deal of research has been carried out regarding endogenous economic growth. The focus has been specially put on the triangle of relationships among growth, territories, and innovation, and concepts as means of technological innovation have been extensively studied. In this context, this chapter does not pursue to enhance theoretical knowledge on this topic, but, on the contrary, it intends to remark conclusions previously reached by contrasting them with the implementation of a specific innovation policy program. To achieve this objective, an analysis is made of the European Union programme to foster R&D called Horizon 2020 (H2020). Also, it shows the case of an H2020 Project from the 2015 call, applying an impact assessment analysis.
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