Regional technology clusters are expected to foster the innovation output of regions and companies. Based on the idea that proximity matters, membership in clusters is believed to facilitate knowledge spillovers and to enhance the innovative performance of firms.
This research project contributes to the micro-foundation of cluster effects drawing on a resource-based view of the firm. The project analyzes to what extent companies benefit by being member of a regional cluster and which firm-specific characteristics explain variations across different firms. We test our propositions in several Software and IT-Clusters in Germany.
The findings from this research deepen the knowledge on the relationship between regional technology clusters and the innovation performance of firms. The results may assist business managers in their decisions to (not) invest in cluster-based activities. The findings can also help in designing more efficient cluster policies.