Recently empirical studies have focused on how capabilities of new entering firms are important for the evolution of industries over time. The performance of new entrants appears to be significantly influenced by their pre-entry background. The general impression of the literature is that firms...

The paper examines an issue related to the discussion of national specificity - whether the group of OECD countries are characterised by a high degree of stability of their export specialisation patterns at the country level or not. During a period of nearly three decades from 1965 to 1992, 20...

The phenomenon of technological life cycles is argued to be of great importance in the development of regional clusters. New 'disruptive' technologies may initiate the emergence of new regional industrial clusters and/or create new opportunities for further development of existing ones. However,...