innovation, the business and social ties connecting firms deepen the hazards associated to the appropriation of rents. …

The ability to generate innovations and capture the rents from innovation are important for firms’ competitive … innovation output, the knowledge flows among the clustered firms and, ultimately, on who captures the rents from innovation. The … rents from innovation. Extant research has noted that the social and business networks binding firms in clusters are …

In this paper we discuss knowledge and innovation in clusters and the benefits of clustering from a knowledge …