Chapter 5 The New “Cluster Moment”: How Regional Innovation Clusters can Foster the Next Economy

Muro, Mark; Katz, Bruce

doi:10.1108/s1048-4736(2011)0000022008

Cited by 39 publications

(35 citation statements)

References 10 publications

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“…Studies show that the higher the density of a local eco-system, the stronger the effect on firm performance (Muro and Katz 2010). Montreal's interorganizational network -and that of Canada in general -is extremely dense, with many local and national networking events, collaborative projects, and conferences.…”

mentioning

confidence: 99%

Students and Entrepreneurship: A Comparative Study of France and the United States

Boissin

Branchet

Émin

et al. 2009

Journal of Small Business & Entrepreneurship

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mentioning

confidence: 99%

Students and Entrepreneurship: A Comparative Study of France and the United States

Boissin

Branchet

Émin

et al. 2009

Journal of Small Business & Entrepreneurship

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“…Firzli and Bazi () studied the policy characteristics of infrastructure‐based economic development (also referred to infrastructure‐driven development) and assured the necessity of using a substantial investment in a nation's long‐term assets, which are typically represented by different types of infrastructure to stimulate economic growth in underdeveloped regions and provide affordable public services (Munnell, ), increase economic efficiency and foster social equity in the long term (Rephann & Isserman, ). Muro and Katz () supported the positive spillovers on manufacturing, resource efficiency and economic growth of well‐designed infrastructure investments and the positive effect on productivity and economic development (Gramlich, ). Significant research by Aschauer () also explored the link between public infrastructure investment and economic growth.…”

Section: Literature Reviewmentioning

confidence: 96%

Innovative Financing: An Empirical Study on Public–Private Partnership Securitisation in China

Yu¹,

Chen

Sun³

2018

Australian Economic Papers

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Many localities in China are faced with an outdated, segmented infrastructure system and a shrinking budget. However, the state-led promotion of Public-Private Partnerships (PPPs) in China is providing an innovative solution. This paper looks at financing innovations in China such as industrial funds and assetbacked securitisation for PPP projects. Particularly, this paper empirically studies the characteristics of project revenue bonds and PPP asset-backed securities (PPP-ABS) in China. The study finds that the majority of social investors remain state-owned enterprises (SOEs) and returns on whole business securitisation (WBS) of projects could vary with the volume issued and the credit of the company. Securitisation not only solves the problem of limited source of financing, but also improves the efficiency of management. While securitisation of PPP projects can succeed in tapping social capital to invest infrastructures, the banking system should handle with caution the credit risk and default risk caused by rising leverage of PPP special purpose vehicles (SPVs).

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“…Recent research demonstrates that firms located in clusters score more on innovation due to localized knowledge flows and spillovers emerging from real world business interactions, connections, transactions, and competition (Muro and Katz, 2010). As physical proximity and locally embedded exchanges matter in firms' knowledge creation activities, the inter-regional differences in the incidence of local clusters can have strong influence on the innovative performance of different regions.…”

Section: The Empirical Framework: Review Of Literature and Hypothesesmentioning

confidence: 99%

The Geography of Patenting In India: Patterns and Determinants

Pradhan

2014

Metamorphosis: A Journal of Management Research

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Regional analysis of knowledge creation activities in emerging economies like India is continued to be inadequate. This paper discusses the ways in which sub-national and regional factors can affect patenting activities and examines their empirical role in the case of India. The the regional profiles of domestic patenting activities in India is observed to considerably concentrated over space. West India, North India and South India turn out to be the three most dynamic and dominating sub-national spaces in Indian domestic patenting throughout the period 1990-2010. At the state level, more than half of the number of patent applications originated from just two states, namely Delhi and Maharashtra. Empirical analysis further underscored that Indian states' patenting activities are largely shaped by the size of local markets, availability of skilled labour force, knowledge institutions and urban centres.

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Chapter 5 The New “Cluster Moment”: How Regional Innovation Clusters can Foster the Next Economy

Cited by 39 publications

References 10 publications

Students and Entrepreneurship: A Comparative Study of France and the United States

Students and Entrepreneurship: A Comparative Study of France and the United States

Innovative Financing: An Empirical Study on Public–Private Partnership Securitisation in China

The Geography of Patenting In India: Patterns and Determinants

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