ABSTRACT
Furthermore, this strand of literature has a distinct policy perspective. Understanding
the dynamics that are connected to the emergence, growth, decline and transformation
of clusters allows one to derive targeted policies to govern clusters during different
phases of their development (Avnimelech & Teubal, 2008; Brenner & Schlump, 2011).
Therefore, this perspective does not solely analyse the path dependencies and contingen-
cies of cluster evolution, but instead the leverages that can be used to contribute to the
emergence and growth of clusters as well as to prevent their decline.