Publication: The Global Dynamics of High Technology Cluster Innovation Performance: A Multi-Sector Analysis from 1975 to 2017
| dc.contributor.author | Pieter E. Stek | |
| dc.contributor.author | Marina S. van Geenhuizen | |
| dc.date.accessioned | 2024-11-28T07:53:16Z | |
| dc.date.available | 2024-11-28T07:53:16Z | |
| dc.date.issued | 2024-10 | |
| dc.description | This research explores the global dynamics of innovation performance in four economically important and patent-rich high technology sectors over a 43-year period, from 1975-2017. The analysis is grounded by sector and cluster life cycle theory and it describes the changes in clusters’ innovation performance and explores the varying influence of two important underlying factors: spatial agglomeration and global inter-cluster knowledge networks. The research incorporates two mature sectors, pharmaceuticals and semiconductors, and two sectors which emerged and grew rapidly during the study period: information technology and solar photovoltaics. The empirical results show that global knowledge network linkages are positively associated with cluster innovation performance in all sectors, while cluster size often has a negative effect. The results also show that emerging sectors first experience spatial diffusion, increasing the number of clusters globally. During the high-growth phase, growth takes place primarily in existing clusters. After the high-growth phase the density of the knowledge network continues to increase. There are three main implications for businesses and policy makers. First, knowledge network connectedness is a key factor driving cluster innovation performance, rather than agglomeration. Second, establishing a presence in, or building-up a cluster relatively early, lays the foundations for future growth. Third, global cluster hierarchies are dynamic, suggesting that spatial path-dependence can erode over long time periods, even in mature sectors, in step with global shifts in economic activity, notably the rise of certain Asian economies. | |
| dc.identifier.uri | https://kmcrepository.asb.edu.my/handle/123456789/38 | |
| dc.language.iso | en | |
| dc.title | The Global Dynamics of High Technology Cluster Innovation Performance: A Multi-Sector Analysis from 1975 to 2017 | |
| dc.type | text::working paper | |
| dspace.entity.type | Publication | |
| oairecerif.author.affiliation | #PLACEHOLDER_PARENT_METADATA_VALUE# | |
| oairecerif.author.affiliation | #PLACEHOLDER_PARENT_METADATA_VALUE# |