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A Framework for Assessing Cluster Development

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  • Charles S. Colgan
  • Colin Baker

Abstract

Clusters, especially those based in some way on technological innovation, have become a key concept in regional development. But precise measurement and assessment of the concept is difficult. This is particularly the case in regions where techno- logical innovation has lagged significantly and where policy support has only recently expanded. This study examines the use of the “cluster†idea in seven industry groups in Maine defined by the state. An eight-element framework is proposed to describe cluster characteristics appropriate to these technology and industry-related groups. Based on extensive interviews with firms and other organizations, the strengths and weaknesses of cluster characteristics are identified. The role of clusters in the economy is also assessed by comparing cluster strength with market growth potential. The results show that none of the technology clusters currently has strong economic impact potential but that some could achieve that potential more quickly than would others.

Suggested Citation

  • Charles S. Colgan & Colin Baker, 2003. "A Framework for Assessing Cluster Development," Economic Development Quarterly, , vol. 17(4), pages 352-366, November.
    • Handle: RePEc:sae:ecdequ:v:17:y:2003:i:4:p:352-366
    DOI: 10.1177/0891242403256667
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    References listed on IDEAS

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    1. David Keeble & Frank Wilkinson, 1999. "Collective Learning and Knowledge Development in the Evolution of Regional Clusters of High Technology SMEs in Europe," Regional Studies, Taylor & Francis Journals, vol. 33(4), pages 295-303.
    2. Wagner, Alfred, 1891. "Marshall's Principles of Economics," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 5, pages 319-338.
    3. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    4. Mytelka, Lynn & Farinelli, Fulvia, 2000. "Local Clusters, Innovation Systems and Sustained Competitiveness," UNU-INTECH Discussion Paper Series 2000-05, United Nations University - INTECH.
    5. Bantel, Karen A., 1998. "Technology-based, "adolescent" firm configurations: strategy identification, context, and performance," Journal of Business Venturing, Elsevier, vol. 13(3), pages 205-230, May.
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    Cited by:

    1. Thomas E. Lambert & Gary A. Mattson & Kyle Dorriere, 2017. "The impact of growth and innovation clusters on unemployment in US metro regions," Regional Science Policy & Practice, Wiley Blackwell, vol. 9(1), pages 25-37, March.

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