“…(3) Enabling local cluster development: how improving the external context for companies, changing societal conditions, reducing the distance between local suppliers, local institutions and local infrastructures and making community investments unleash new growth and productivity gains. There are quite a lot of reports (Borgonovi et al, 2011;Jenkins and Fries, 2012;Patscheke et al, 2014;CSR Asia and Prudence Foundation, 2016) acknowledging examples and cases on cluster development with relation to CSV, focusing on and addressing different kind of social failures; nonetheless, literature on this topic is very recent and quite limited (Lee et al, 2014;Invernizzi et al, 2015;Berti and Mulligan, 2016;Grèzes et al, 2016;Serra et al, 2016;Smith, 2016;Alberti and Belfanti, 2019;Collazzo Yelpo and Kubelka, 2019).…”