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Resilience In Clusters: An Application Of The Cluster Bridge Model To Life Science Nord (Germany)

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  • PETRE Adriana

    (The Bucharest University of Economic Studies, Romania)

Abstract

Territorial capital, the innovative notion that reunites the productive assets found at the level of a territory, has been placed in the light of the current research given its potential in indicating economic growth and competitive advantage at the level of a territory. Being essentially an applied case study paper of cluster analysis in the Life Science Nord agglomeration, in Germany, this article extends the literature by offering a theoretical perspective on the terminology needed to understand economic resilience, to discover the possibilities of fostering resilience at the cluster level and to bring evidence from the cases of different industrial clusters reacting to various economic shocks during the process of resilience. Lastly, the Cluster Bridge Model is presented as an application to understand cluster dynamics.

Suggested Citation

  • PETRE Adriana, 2020. "Resilience In Clusters: An Application Of The Cluster Bridge Model To Life Science Nord (Germany)," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 72(3), pages 75-95, November.
  • Handle: RePEc:blg:reveco:v:72:y:2020:i:3:p:75-95
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/72307petre.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    resilience; clusters; COVID-19 Pandemic; Cluster Bridge Model; qualitative methods;
    All these keywords.

    JEL classification:

    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • B55 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Social Economics

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