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Service Sector Clustering and Multinational Enterprise: Evidence from UK Film and Television

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Part of the book series: The Academy of International Business ((AIB))

Abstract

Geographical clustering is a major characteristic of industrial growth and has recently become the subject of intense interest in academic (Fujita et al., 1999; Porter, 1998; Saxenian, 1994; Swann et al., 1998), business practitioner (TheEconomist, 1999; Owen, 1999) and government policy (DTI White Paper, 1998) circles. Porter (1990, 2000), in common with much of the literature in economic geography, has identified two key trends which are powerfully shaping the context for corporate strategy in the twenty-first century: on the one hand the manifest rise in the importance of local concentrations of economic activity and excellence; and on the other a fast-paced increase in the globalization of business. Within the academic literature, there has been a burgeoning of literature within the field of economic geography which has centred on the nature of local concentrations of economic activity, with particular interest in those which are most dynamic. The intense interest among geographers, including relevance for corporate strategy (Clark et al., 2000; Scott, 2000), stands in contrast to the relatively more muted impact within the management and specifically the strategy and international business fields (Buckley and Ghauri, 2004). What makes this particularly odd are, firstly, that the intense interest of policymakers has been stimulated by the seminal work of strategy scholar Michael Porter (1990), and, secondly, Porter has repeatedly emphasized the benefits of membership of strong clusters for enhanced international competitiveness.

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© 2013 Gary Cook and Naresh R. Pandit

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Cook, G., Pandit, N.R. (2013). Service Sector Clustering and Multinational Enterprise: Evidence from UK Film and Television. In: Cook, G., Johns, J. (eds) The Changing Geography of International Business. The Academy of International Business. Palgrave Macmillan, London. https://doi.org/10.1057/9781137277503_10

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