During the 1980s the Marshallian concept of industrial district (ID) became widely popular due to the resurgence of interest in the reasons that make the agglomeration of specialised industries a territorial phenomenon worth being analysed. The analysis of clusters and IDs has often been limited, considering only the local dimension of the created business networks. The external links of these systems have been systematically under-evaluated. This book offers a deep insight into the evolution of these systems and the internal-external mechanism of knowledge circulation and learning. This means that the access to external knowledge (information or R&D cooperative research) or to productive networks (global supply chains) is studied in order to describe how external knowledge is absorbed and how local clusters or districts become global systems. It provides a unified approach; showing that existing capabilities expand when locally embedded knowledge is combined with accessible external knowledge. In this view, external knowledge linkages reduce the danger of cognitive ‘lock-in’ and ‘over-embeddedness’, which may become important obstacles to local learning and innovation when technological trajectories and global economic conditions change. A selection of international experts

The multidisciplinary, quantitative approach adopted by the author, enables her to "de-structure" the "canonical" idea of the ID and evaluate the normative value. Supported by multivariate and econometric analyses, she identifies four general types of ID each with different development paths, performances, inter-organizational relations, and regulatory rules and institutions. The results demonstrate that IDs on average achieve better static or dynamic economic performance than non-ID areas. The analysis also highlights critical points of rupture in the socio-economic equilibrium of IDs which may impair their future competitiveness and social sustainability. The author offers a critical appraisal of the organizational literature on IDs, claiming for caution in their depiction as "cooperative systems" and goes on to present the first steps towards a "microfoundation" of a theory on IDs.

Examining the role of the much-vaunted concepts of regional clusters in the prosperity and economic expansion of countries, this work looks at the different experiences of industrial districts and high-tech regions such as Silicon Valley, Boston's biotech region, and Hsinchu-Taipei.

Although economists have long recognised industrial districts as one of the key features of many economies, it is only recently that attention has been focused on the region as an effective means of generating accurate insights into the larger picture of economic performance. This renewed interest in regional issues has also placed at centre stage the role played by networks as a principal organisational feature of the local business community, providing scholars with a rich topic for investigation and debate. Recent work has shown that universal generalisations concerning the impact of networking on the performance of industrial clusters lack credibility, highlighting the consequent need to compare the role played by business networks in a variety of regions. Using a copious range of research material examining several British regions, this volume poses a series of fundamental questions about the nature of industrial clusters and networks. Particular attention is paid to identifying the basic characteristics of a network, outlining how they evolved in key industrial clusters, and assessing their impact on industrial performance, both regionally and nationally. The durability of such networks is another key thread that runs through the essays, prompting comparison with industrial clusters in Britain and abroad. These are issues which stimulate discussion on a wide range of factors within the disciplines of business, economic and social history.

Industrial Clusters shows the latest state of knowledge on the topic of industrial clusters, with a particular focus on clustering in the UK, bringing together a chronological coverage of the phenomenon. This set of original essays by a group of leading business and industrial historians offers fresh perspectives about clusters and clustering. A primary emphasis of the collection is how knowledge is generated and disseminated across a cluster, and whether these processes stimulated innovation and consequently longer-term sustainability. This analysis also prompts questions about which unit of analysis to examine, from the entrepreneurs and firms they created through to the industry as a whole and district in which they are located, or whether one should look outside the region for explanatory factors. Covering regions as diverse as North Wales, the Scottish Highlands, the City of London, the Potteries, Sheffield and Lancashire, the essays have been channelled to provide a detailed understanding of these issues. The editors have also provided a challenging Conclusion that suggests a new research agenda that could well unravel some of the mysteries associated with clustering. This edited collection will be of interest to international researchers, academics and students in the fields of business and management history, innovation, industrialisation and clusters.

Various theories have been put forward as to why business and industry develops in clusters and despite good work being carried out on path dependence and dynamics, this is still very much an emerging topic in the social sciences. To date, no overarching theoretical framework has been developed to show how clusters evolve. Unfolding Cluster Evolution aims to address this gap by presenting theoretical and empirical research on the geography of innovation. This contributed volume seeks to shed light on the understanding of clusters and its dynamic evolution. The book provides evidence to suggest that traditional perspectives from evolutionary economic geography need to be wedded to management thinking in order to reach this point. Bringing together thinking from a range of disciplines and countries across Europe, this book explores a wide range of topics from the capability approach, to network dynamics, to multinational corporations, to firm entry and exit and social capital. This book will be of interest to policy makers and students of urban studies, economic geography, and planning and development.

The international fragmentation of economic activities – from research and design to production and marketing – described through the lens of the global value chain (GVC) approach impacts the structure and performance of small and medium-sized enterprises (SMEs) agglomerated in economic clusters. The consolidation of GVCs ruled by global lead firms and the recession of 2008-09 exacerbated the pressures on cluster actors that based their competitive advantage on local systems, spurring an increasing heterogeneity, both across and within clusters, that is still overlooked in the literature. Drawing on detailed studies of different industries and countries, Local Clusters in Global Value Chains shows the co-evolutionary trajectories of clusters and GVCs, and the role of firms and their strategies in organizing manufacturing and innovation activities in the context of ongoing technological shifts. The book explores the tension between place-based variables and global drivers of change, and the possibility for territories containing such clusters to prosper in the new global scenario. By adopting insights from the GVC framework and management studies, the book discusses how the internationalization strategies of firms create opportunities as well as constraints for adaptive upgrading in clusters. This book is of interest to both researchers and policy-makers who are interested in the dynamic sources of competitive advantage in the global economy.

No detailed description available for "Business Networks".

This contributed volume studies and explains the effect of agglomeration on a firm’s innovation and performance. It presents new cases as well as new topics within the agglomeration phenomenon, exploring also their role under the Great Recession. Beyond the analysis of regions or clusters, this volume focuses on firms within agglomerations and captures this phenomenon from different perspectives, contexts and diverse literatures. Specifically, it looks at the question under what circumstances exert generate benefits on firms’ performance, and how those gains are generated and distributed, usually asymmetrically, across agglomerated firms. In this context, the book addresses topics such as networks, collocation, labor mobility, firm’s strategies, innovation, competitiveness and collective actions across a diverse set of literatures, including economic geography, business economics, management, social networks, industrial districts, international business, sociology or industry dynamics.

In Entrepreneurship, Innovation and Business Clusters, Panos Piperopoulos provides a comprehensive introduction to what entrepreneurship is all about, how and why entrepreneurs innovate and how innovation systems operate. Small and medium enterprises (SMEs) constitute the backbone of most economies, so the author examines their characteristics and the crucial role played by the owners and entrepreneurs who innovate to ensure the survival and continued growth of their firms. He also includes the particular phenomena that arise where the entrepreneurs are either female or from ethnic groups, or where the context is that of a developing region or country. The importance of co-operative strategic alliances and networks between firms is discussed, along with how these strengthen SMEs' competitiveness. The concept of open innovation has been proposed as a new paradigm for the management of innovation and the author presents a hypothetical model for enhancing the competitiveness and performance of SMEs by properly utilizing employees' creative potential, emotional intelligence, tacit knowledge and innovative ideas. The contemporary model of business clusters, involving partnerships with competitors, agents, universities, research centres and local, regional and national governments is discussed. The ways, means and methods through which SMEs' competitiveness and innovation can be enhanced within business clusters is illustrated by cases that identify four types of SMEs, that behave differently and play different roles in the networks and clusters of which they form a part, but all of whose performance and competitiveness is a function of their position and role in the wider scheme of things.