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Growth Poles and Clusters: Are There Useful Analytical Complementarities?

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  • Charis Vlados
  • Dimos Chatzinikolaou

Abstract

This article aims to critically review the advancements in the study of contemporary dynamics of local development under the prism of the analytical perspectives of growth poles and clusters. We proceed to a literature review of clusters and growth poles and attempt an analytical synthesis. The analysis of growth poles appears to remain within the interpretive limits of traditional economic geography, focusing mainly on the dimension of regional agglomerations. At the same time, the broader literature on clusters deals more with interdisciplinary issues in their global perspective by starting increasingly its analysis from the micro-dynamics articulated at the firm level. This article proposes a conceptual extension to the analysis of the current dynamics of local development in the framework of the "competitiveness web" that takes into account all the interdependent levels of space and actors.

Suggested Citation

  • Charis Vlados & Dimos Chatzinikolaou, 2020. "Growth Poles and Clusters: Are There Useful Analytical Complementarities?," Business and Economic Research, Macrothink Institute, vol. 10(1), pages 155-175, March.
    • Handle: RePEc:mth:ber888:v:10:y:2020:i:1:p:155-175
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    More about this item

    Keywords

    Local development; Growth poles; Clusters; Helix theory; Competitiveness web;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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