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Danish Research Unit on Industrial Dynamics


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Whitepaper: Entrepreneurial Founder Effects in the Growth of Regional Clusters: How Early Success Is a Key Determinant

by Danish Research Unit on Industrial DynamicsJan 01, 2008

This paper studies in great detail the growth of the wireless communication cluster in Northern Denmark. Unlike the leading theories, the paper argues that preliminary success of the first firms are the main driving force behind the generation of new firms that ultimately lead to the formation of clusters. The success of the first firms tends to generate spin-offs, which become successful themselves due to the background of the founders.