Assoc. Prof. Rui Baptista
Technical University of Lisbon, Portugal
Abstract - Keynote speach
Agglomeration, Collocation, and Organizational Heritage
Two theoretical streams contributing to explain the formation and evolution of geographical clusters are examined: agglomeration economies and organizational heritage. Agglomeration theory argues that economic benefits from supplier and customer reduction of transportation costs, labor market pooling and intellectual spillovers lead to clustering. Organizational heritage theory focuses on the role played by spinoffs and, more broadly, the transmission of capabilities from parent firms to startups: since the offspring of the better firms inherit more capabilities and therefore become superior performers, and new entrepreneurs tend not to venture far from their geographic origins, the initial establishment of a few good firms in a region eventually leads to a concentration of superior performers.
Responsible: Rebecca Olsson
Latest update: 29 maj 2012