Location and firm performance: evidence from Italy, Tunisia and Turkey
Clustering of economic activity has long been seen as an important way to boost employment, innovation and productivity. This column reports FEMISE research evidence for the positive impact on output and innovation performance of local ‘spillovers’ between domestic and foreign firms located in the same regions in Italy, Tunisia and Turkey. The results provide a benchmark for analysing the efficiency of clusters of small and medium-sized enterprises in southern Mediterranean countries.