The world over, clusters are home to leading firms and institutions that
compete on the edge of technology. They can be found in developed and
developing countries alike and comprise such famous ones as Silicon
Valley, London ‟s financial center, ceramic tile and fashion in north
Italy, wine in Bordeaux, automotive in Stuttgart and Munich, software in
Bangalore, and manufacturing in China ‟s Pearl-river delta. Today they
are studied by a variety of scholars from different fields including
economists, social scientists, and strategists, but also by a growing
number of business practitioners and policy makers.3 As a result,
knowledge on the capacity of clusters to promote regional economic
development and national prosperity and the role of local industrial
policy in creating new clusters has increased rapidly in recent years
The present research is best described as being exploratory in nature.
It elaborates and extends existing theory. By doing so, it takes up a
distinct position within scientific theory that is defined by three
levels of analysis: (1) the meta-methodological level, (2) the
methodological level, and (3) the theoretical level.