Pirjo Koivukangas: The Finnish model of welfare cluster and its application in Oulu region

A cluster is basically defined as a combination of firms, where benefits are distributed among all participants as a mutual interaction, i.e. the totality is more than a sum of the parts . As an economic term, cluster is based on transaction cost theory. One of the basic ideas in clusters is a new conceptialization of market functions. One problem concerning transaction cost theory and Porterian cluster theory is that the voice of the customers is not heard. The aim of this study is to develop the concept of the welfare cluster as a network comprising the health care system, social and health research, and medical technology industry

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