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Alternative Form of Mapping Potential and Active Small Business Agglomerations

2013; RELX Group (Netherlands); Linguagem: Inglês

10.2139/ssrn.2241268

1556-5068

Ninko Kostovski, Milen Baltov,

Regional Development and Policy

Clusters, concentrations of businesses and research institutions, show high capacity for job creation, innovation and development. They can also, foster the access to the EU development funds. However, in the case of small business, their early tracing can be very difficult with top-down methods. The statistical activity code mapping, fairly appropriate for big industries, fails due to the apparent discrepancies between the registered and the actual activity of the small businesses. In addition, these clusters are often built around focal firm located out from the region in focus.