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Analysis of Science, Technology, and Innovation in Emerging Economies pp 245–274Cite as

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Innovation, Entrepreneurship, and Technology-Based Clusters in Emerging Economies: How Can the Madrid Aerospace Cluster Reinforce the Mexican Aerospace Industry?

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Abstract

The innovation process in industry-based clusters is fundamental for companies to create competitive groups defined by leadership in their respective sectors, and innovation must be continuous over time to have medium- and long-term effects. In this work, the authors propose to insert the INNOVA Model of Madrid Aerospace Cluster (Spain) in the cluster formed by the cities of Querétaro (Mexico), Toulouse (France), Wichita and Seattle (United States), and Montreal (Canada) to reinforce the creation of wealth between both shores of the Atlantic Ocean. The authors theoretically analyze the importance of entrepreneurship, technological innovation, and endogenous development in the industrial districts, and they use a factorial analysis to examine the INNOVA Madrid Aerospace Industry. Conclusions show that the integration of the INNOVA Model of Madrid Aerospace Cluster into the Querétaro Aerospace Valley will benefit firms belonging to both clusters, as they will have better access to strategic inputs, capital, inputs, and knowledge. As a result, this collaboration will reinforce technological-rooted expertise in specialized firms, strengthen the importance of engineering activities in civil aviation markets, and increase technological understanding of materials, composites, and aerostructures, among other effects.

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Notes

  1. 1.

    Coined by Vandermerwe and Rada (1988), the servitization of products deals with the strategy of creating value by adding services to products or even replacing a product with a service (Baines, Lightfoot, Benedettini, & Kay, 2009), as happens in the industrial clusters.

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Authors and Affiliations

  1. EGADE Business School-Tecnológico de Monterrey, Guadalajara, Mexico

    José Manuel Saiz-Alvarez

  2. ESDEN Business School, Madrid, Spain

    José Ramón Gutiérrez-Martín

Authors
  1. José Manuel Saiz-Alvarez
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  2. José Ramón Gutiérrez-Martín
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Correspondence to José Manuel Saiz-Alvarez .

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Editors and Affiliations

  1. School of Management, Universidad del Rosario, Bogotá, Colombia

    Clara Inés Pardo Martínez

  2. Universidad Santo Tomás, Bogotá, Colombia

    Alexander Cotte Poveda

  3. Colombian Observatory of Science and Technology (OCyT), Bogotá, Colombia

    Sylvia Patricia Fletscher Moreno

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Saiz-Alvarez, J.M., Gutiérrez-Martín, J.R. (2019). Innovation, Entrepreneurship, and Technology-Based Clusters in Emerging Economies: How Can the Madrid Aerospace Cluster Reinforce the Mexican Aerospace Industry?. In: Pardo Martínez, C., Cotte Poveda, A., Fletscher Moreno, S. (eds) Analysis of Science, Technology, and Innovation in Emerging Economies. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-13578-2_12

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