How can a cluster policy enhance entrepreneurship? Evidence from the German 'BioRegio' case
نویسنده
چکیده
This paper investigates the mechanisms through which a cluster policy can enhance entrepreneurship defined as new venture creations. It is based on the sudy of a cluster policy (“BioRegio”) that strongly stimulated new firm creations in biotechnology in Germany after 1996. The process induced by BioRegio at the territory-level is analyzed over a 10 year period (1995-2004). The article identifies a three-step social mechanism through which a cluster policy can enhance entrepreneurship. The presented results strengthen the literature on cluster policies and clusters on the specific issue of entrepreneurship: four main contributions are suggested.
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