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Chairs: Prof. Tomomichi Yoshikawa, Waseda Business School, Waseda University, Tokyo & Prof. Hironari UKAI, Department of Management, and Director of Centre for Community Collaboration, Aichi Gakuin University, Nagoya, Japan

We can observe Spatial Concentration of Innovation. Regional Resources of the specific cluster are so important to promote the innovation and creation of New Industries. Especially some clusters are vanished and some clusters are survived for long period. Without creating new industries cluster would be vanished. For old cluster to be survived, it is important to create new industries continuously. For an example, in Japan, Tsubame-Sanjyo has been clustered more than four hundred years. During four hundred years, she has created new industries four times. There are several clusters where new industries are created. We inquire how new industries are created by analyzing mechanism of innovation such Open innovation vs. Closed Innovation, Transaction Cost, and Leading Agents within clusters.

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