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Can a knowledge-based cluster be created? The case of the Barcelona 22 district

Can a knowledge-based cluster be created? The case of the Barcelona 22 district

Papers in Regional Science 91(2): 0-0

The aim of this paper is to evaluate the local policy that has promoted the formation of a cluster of knowledge-based activities in the city of Barcelona. After decades of economic and industrial stagnation in a district called Poblenou, in the year 2 the City Council of Barcelona implemented a plan to renew the area's urban and economic structure. Under the development plan, knowledge-based firms were encouraged to set up in the area and thus to create a cluster of advanced activities. This paper examines the success of this local policy and aims to determine whether cluster amenities have played a part in attracting knowledge-based firms. First, we evaluated the cluster implementation via a difference-in-differences analysis, comparing the increase in the percentage of knowledge-based firms in this specific area with the increase of these firms in other local areas. Second, to determine whether the cluster amenities are an important element in attracting knowledge-based activities, we perform a multivariate regression to see if cluster amenities (as valued by firms in a survey) do have an effect on the decision of knowledge-intensive firms to locate in the district.

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Accession: 036149737

Download citation: RISBibTeXText

DOI: 10.1111/j.1435-5957.2011.00383.x

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