The Paradox of Global Markets and Local Clusters - The importance of innovation and trust for competitiveness and its implications on policymaking in the European Union
This thesis examines cluster and innovation system theory’s answer to why some firms, and not others, based in particular nations achieve international success in distinct segments, and the European Union’s recent policy efforts based on such theories. On this background a discussion on the changes needed in national economic policymaking among EU Member States when the EU starts taking a cluster