Social Sciences
8 years ago

Innovative clusters drive economic growth and bridge regional disparities in Europe.

Advances in business strategy and competitive advantage book series
Determinants of Convergence and Disparities in Europe
Andreas P. Cornett, Nils Karl Sørensen

Paper Summary

The article explores how innovation and entrepreneurship impact regional development in Europe. It suggests that regions with strong clusters of innovative and entrepreneurial activities tend to grow faster than regions without such clusters. This clustering can lead to both economic convergence between nations and regional economic disparities within countries.

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