Europe is home to some 2 900 specialised clusters, statistically defined regional concentrations of traded industries. Clusters matter: the effect of cluster specialisation is equal to approximately a 13.5% increase in average wage. Specialised clusters show higher average wage and employment increases. They inhabit also a higher number of innovative and high-growth firms and start-ups.
Original languageEnglish
PublisherEuropean Commission EC
Number of pages89
ISBN (Electronic)978-92-9202-758-2
ISBN (Print)978-92-9202-759-9
Publication statusPublished - 16 Dec 2019
MoE publication typeD4 Published development or research report or study


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