The varieties of capitalism (VoC) concept developed by HALL/SOSKICE (2011) may be a suitable concept here, as it has been applied to cluster policies in the U.S. and Germany by STERNBERG ET AL. (2010).
As scholars, the authors should challenge this technocratic faith of policy-makers and practitioners, although evaluation is beyond this paper’s scope. The performance of clusters is also affected by many exogenous influences not captured in the simple model.