Creating a cluster while building a firm: Entrepreneurs and the formation of industrial clusters

Maryann P. Feldman, Johanna Francis, Janet Bercovitz

Research output: Contribution to journalArticlepeer-review

Abstract

The objective of the paper is to provide a theoretical model of cluster development that is informed by an appreciative interpretation of case studies. It argues that entrepreneurs are a critical element in the formation of clusters. Entrepreneurs are important actors in the development of clusters as complex adaptive systems, where the external resources associated with clusters are developed over time. Entrepreneurs who adapt to both constructive crises and new opportunities create the factors and conditions that facilitate their business interests and, in turn, contribute to the development of external resources. The paper examines the initial factors that influence the decision to become an entrepreneur and examine how external factors influence the formation and location of high-technology clusters.

Original languageEnglish (US)
Pages (from-to)129-141
Number of pages13
JournalRegional Studies
Volume39
Issue number1
DOIs
StatePublished - Feb 1 2005

Keywords

  • Development and changes
  • Entrepreneurship
  • Growth
  • Innovation and invention
  • Processes and incentives
  • Regional development policy
  • Regional economic activity

ASJC Scopus subject areas

  • Environmental Science(all)
  • Social Sciences(all)

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