Nano-economics and the wealth of regions

Carnegie Mellon University, Pittsburgh
Global Award For Entrepreneurship Research 2011

Steven Klepper discusses his work on the evolution of four great industry clusters: Silicon Valley; Detroit; Akron, Ohio, the historical center of tire production in the U.S.; and Bangladesh, which has emerged in recent years as a world-class center of cotton garment production.

Using his characteristic nano-economic analysis in which he reconstructs and dissects the evolution of each of the industries that gave rise to the clusters, he develops and tests a novel theory of clustering based on the ideas of organizational reproduction and heredity. New questions are raised about the determinants of a region’s economic performance and novel policies are considered to stimulate clustering and the wealth of regions.

Steven Klepper has conducted extensive theoretical and empirical studies of industry life cycles and his research has under recent years focused on spin-offs, the emergence of new market niches and regional clusters. The presentation will be highly relevant for entrepreneurship and innovation researchers, organizations and institutions that support innovation and entrepreneurship, as well as business managers and entrepreneurs!

Professor Fredrik Tell, KITE Research Group, Linköping University, will chair the discussions during this exciting event.

For further information please visit KITE’s website.

Date: Tuesday June 21 2011, kl. 10.00-12.00 am (Coffee is served from 9.30 am)

Location: Sal ACAS, Campus Valla, Linköpings universitet

Registration: The seminar is free of charge, but registration is mandatory. Register by e-mail to:, no later than June 15.

Professor Steven Klepper is the 2011 recipient of Global Award for Entrepreneurship Research. The Award is given annually by Swedish Entrepreneurship Forum (Entreprenörskapsforum), the Research Institute of Industrial Economics (IFN) and the Swedish Agency for Economic and Regional Growth (Tillväxtverket) to a scholar who has produced scientific work of outstanding quality and importance. For more information aout the award, please visit

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