Towards a Knowledge‐based Theory of the Geographical Cluster

  title={Towards a Knowledge‐based Theory of the Geographical Cluster},
  author={Peter Maskell},
  journal={Industrial and Corporate Change},
  • Peter Maskell
  • Published 1 December 2001
  • Economics
  • Industrial and Corporate Change
Co-located firms within related industries enhance the ability to create knowledge by variation and a deepened division of labour. The interdependent development between economic activities and local institutions make the cluster attractive to some industries and hostile to others. The very reasons why cognitive distance might be small within the cluster tend to make cognitive distance great between clusters and make interfirm co-operation across bodies of knowledge more costly. The additional… 
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