Various theories have been put forward as to why business and industry develops in clusters and despite good work being carried out on path dependence and dynamics, this is still very much an emerging topic in the social sciences.
To date, no overarching theoretical framework has been developed to show how clusters evolve but there is strong evidence to suggest that traditional perspectives from evolutionary economic geography need to be wedded to management thinking in order to reach this point.
The editors of this volume draw together thinking from a range of disciplines and from a range of countries across Europe in order to form a theory of business cluster evolution. Topics explored include the capability approach, network dynamics, multinational corporations, firm entry and exit and social capital.
