Max-Peter Menzel
Chance and economies of agglomeration during cluster emergence
Pages 114 – 128

Concepts like the window of locational opportunity, the core-periphery-model and stochastic approaches consider the emergence of regional clusters as a process of firm formation by chance and subsequent economies of agglomeration. This paper compares the different notions of chance and economies of agglomeration used by these concepts in view of the emergence of clusters. It argues that an ex ante perspective should be applied to analyse the emergence of firm formations and economies of agglomerations. The paper concludes with statements regarding firm formation and economies of agglomeration during cluster emergence.


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