Discussion Papers are preliminary materials circulated to stimulate discussions and critical comments The Institute conducts basic and comprehensive studies on economic and related affairs in all developing countries and regions, including Asia, the The views expressed in this publication are those of the author(s). Publication does not imply endorsement by the Institute of Developing Economies...

a School of Business Administration, Sejong University, 98 Gunja-dong, Gwangjin-gu, Seoul 143-747, South Korea b Graduate School of MOT, Sogang University, 35 Baekbeom-ro, Mapo-gu, Seoul 121-742, South Korea c Dept. of Information and Industrial Engineering, Yonsei University, 50 Yonsei-ro, Seodaemun-gu, Seoul 120-749, South Korea d Division of Business Administration, Hansung University, 116 S...

A hierarchical extension of the finite mixture model is presented that can be used for the analysis of nested data structures. The model permits a simultaneous model-based clustering of lowerand higher-level units. Lower-level observations within higher-level units are assumed to be mutually independent given cluster membership of the higher-level units. The proposed model can be seen as a fini...

We examine how industrial clustering affects biotechnology firms’ innovativeness, contrasting similar firms not located in clusters or located in clusters that are or are not focused on the firm’s technological specialization. Using detailed firm level data, we find clustered firms are eight times more innovative than geographically remote firms, with largest effects for firms located in cluste...

Slovenia has begun with its national cluster policy in 2001. Industrial clusters have been a prevalent element of Slovenian competitiveness policy for next four years. More than thirty cluster initiatives were born in Slovenia in that period. The authors of this paper have followed the birth, organization and performance of industrial clusters in Slovenia for the period of three years. Based on...