When looking beyond corporate management, one would likely confront the challenges of corporate entrepreneurship (CE) and corporate development related issues. It becomes even more complex if one has to assess these developments within the framework of cluster literature. Despite substantial research on clusters, there is still much confusion concerning the proper conceptualization of a cluster; except that it is generally conceived as a non-random spatial concentration of economic activities. Again, it would be observed that the inability of most firms to reconcile CE and corporate management's perceptions of corporate development tend to affect the firms' ability to realize internal economies of scale, and consequently their competitive advantage position. Thus, innovative firms continuously strive for competitive advantage; which require that these firms recognize the importance of location to competitive advantage, as a way of ensuring much lower transaction and interaction costs. This book provides a valuable and vast pool of resources to policy makers, government officials, academicians, entrepreneurs, corporate executives, beginners and professionals in the business world.