Current State of Knowledge on how Clusters Enable Firms to Create Competitive Advantages
Clusters appear in varying forms, shapes, and sizes, are home to all types of industries and exist in different lifecycle stages. They can be found in developed and developing countries and comprise such famous ones as Silicon Valley, Las Vegas, London’s financial center, India’s information and communication technology (ICT) and China’s manufacturing clusters, ceramic tile and fashion in north Italy, and wine in Bordeaux. This variety causes a problem of definition and has led to a multiplicity of interpretations, terminologies, and Schools of Thought, each of which treats the cluster phenomenon somewhat differently. This chapter therefore develops a framework that integrates these different conceptualizations. The underlying research process is depicted in figure 4.
KeywordsCompetitive Advantage Firm Performance Tacit Knowledge Knowledge Spillover Industrial District
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