“…Although the literature on clusters has discussed this type of configuration for decades and shows the benefits deriving from positive economic externalities, a new angle to this subject is represented by the increasing number of studies identifying the need for a dynamic approach to examining agglomerations (Isaksen, 2016;Li, Bathelt, & Wang, 2011;Lin, Tung, & Huang, 2006;Martin, 2010;Menzel, & Fornahl, 2010;Prado, Ferragi, Boaventura, & Telles, 2013;Smith, & Brown, 2009;Sunny, & Shu, 2017;Suire, & Vicente, 2011;Xu, Xiao, & Rahman, 2018). In particular, the arguments are centered on how and why the advantages associated with business concentration change over the course of the agglomeration's history (Boschma, & Ter Wal, 2007;Isaksen, 2016;Menzel, & Fornahl, 2010;Shin, & Hassink, 2011;Vernay, D`Ippolito, & Pinkse, 2018).…”