The Potential Role of Government in Development Process of a Cluster Policy

2013-01-01
Erdil, Erkan
Ioannis, Katsikis
Recent evidence strongly suggests that firms’ joint action may be insufficient for the creation of clusters in order to face the new competitive pressures of globalization. To cope with these pressures, the authors argue that governments can play an important role in the process of creating the development of clusters. Based on a theoretical framework, they examine the way in which governmental intervention and public policies to foster cluster creation may provide positive outcomes. Here, the authors study the different approaches developed in cluster theories and provide an insight into the set of governmental and policy roles that may facilitate the formulation of local clusters. Finally, they propose a re-conceptualization of clusters theory that will potentially increase its value as a comprehensive tool for regional economic development.

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Citation Formats
E. Erdil and K. Ioannis, The Potential Role of Government in Development Process of a Cluster Policy. 2013, p. 132.