Definition and Key Concepts
Cluster performance is a concept which refers to a group of items, companies, organizations, etc. that highly develop an activity. It is a term of sociology, political science, and business economics. More specifically, it has been a relevant research topic since the early 1990s in the fields of regional studies, management decision, industrial policy, economic geography, and strategy and business management. The complexity of this concept lies in determining what a cluster is. Once the limits that define the cluster and its members are known, the evaluation of their activities will be possible.
In business economics, “clusters are geographic concentrations of interconnected companies and institutions in a particular field” (Porter 1998), where their members are linked by commonalities and complementarities. Clusters are also labeled...
This is a preview of subscription content, log in via an institution.
References
Eisingerich AB, Bell SJ, Tracey P. How can clusters sustain performance? The role of network strength, network openness, and environmental uncertainty. Res Policy. 2010;39(2):239–53.
Lei H-S, Huang C-H. Geographic clustering, network relationships and competitive advantage. Manag Decis. 2014;52(5):852–71.
Porter ME. Clusters and the new economics of competition. Harv Bus Rev. 1998;76(6):77–90.
Porter M. The economic performance of regions. Reg Stud. 2003;37(6–7):549–78.
Author information
Authors and Affiliations
Corresponding author
Section Editor information
Rights and permissions
Copyright information
© 2017 Springer Science+Business Media LLC
About this entry
Cite this entry
Diez-Martin, F., Blanco-González, A., Cruz-Suárez, A. (2017). Cluster Performance. In: Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-6616-1_200017-1
Download citation
DOI: https://doi.org/10.1007/978-1-4614-6616-1_200017-1
Received:
Accepted:
Published:
Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4614-6616-1
Online ISBN: 978-1-4614-6616-1
eBook Packages: Springer Reference Business and ManagementReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences