Towards a Knowledge-Based Theory of the Geographical Cluster

Posted: 29 Feb 2008

See all articles by Peter Maskell

Peter Maskell

Copenhagen Business School (CBS)


Co-located firms within related industries enhance the ability to create knowledge by variation and a deepened division of labour. The interdependent development between economic activities and local institutions make the cluster attractive to some industries and hostile to others. The very reasons why cognitive distance might be small within the cluster tend to make cognitive distance great between clusters and make interfirm co-operation across bodies of knowledge more costly. The additional value created when clustering may justify the additional cost.

Suggested Citation

Maskell, Peter, Towards a Knowledge-Based Theory of the Geographical Cluster. Industrial and Corporate Change, Vol. 10, No. 4, pp. 921-943, 2001, Available at SSRN:

Peter Maskell (Contact Author)

Copenhagen Business School (CBS) ( email )

Howitzvej 60, 6
Danish research Unit for Industrial Dynamics (DRUID)
DK-2000 Frederiksberg
+45 3815 2881 (Phone)
+45 3929 2226 (Fax)

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