European Clusters

Recent research indicates that regional clusters enable companies to reach higher levels of productivity and be more innovative. A report mapping and analysing the regional clusters of the EU-10 states that "the lack of regional specialisation might be an important factor explaining the European competitiveness gap with leading global peers".

The report, authored by Europe INNOVA, first recommends enhancing geographical specialisation and efficient allocation of economic activity accross the EU. With this regard, the authors suggest that the EU could help, for example, by removing barriers to trade, investment and labour mobility.