Download or read book The Life Cycle of Clusters written by Dirk Fornahl and published by Edward Elgar Publishing. This book was released on 2017-04-28 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: One-size-fits-all cluster policies have been rightly criticized in the literature. One promising approach is to focus cluster policies on the specific needs of firms depending on the stage of development (emergence, growth, sustainment or decline) their cluster is in. In this highly insightful book, these stage-specific cluster policies are analysed and evaluated. Moreover, several chapters also focus on smart specialization policies to promote regional development by taking into account the emergence and adaptation of clusters and industries.