Clusters — the basis of competition [chapter]

Allan S. Carrie
1999 Global Production Management  
As manufacturing becomes a truly global affair, the basis of competition will no longer be between individual companies and their supply chains but between regional industrial clusters. Large multi-nationals can relocate operations to any part of the world, with significant impact on the regions into and out of which they move. This has significant implications for economic development in any regional economy. This paper discusses the nature of clusters, giving some examples. Nevertheless, the
more » ... luster concept is only partially understood. Many questions concerning cluster development need to be examined. The paper presents a research agenda.
doi:10.1007/978-0-387-35569-6_14 fatcat:dza3onlqe5db3ecsij6kkeatdu