A series of cluster and regional dynamics studies provide growing evidence that supports a hypothesis that industrial clusters evolve somewhat regularly through a series of stages. This stage or cycle theory views clusters as proceeding from initiation to some asymptotic limit with subsequent decline and/or rejuvenation, that is, resiliency. This chapter examines, on the basis of several case studies, the process or lack of a process that lagging or declining clusters use to reinvent themselves or fail. Examination of the case studies reveals five general types of histories that clusters and their regions, and their urban contexts appear to experience. From this research a typology of cluster dynamics (resiliency types) is proposed. Clusters in this chapter are defined as having a geographic locus as well as an extra local network component and are viewed from a systems perspective.
Roger R. Stough
Roger R. Stough and Guang Yang
Tojo Thatchenkery and Roger R. Stough
Learning from the Indian Experience
Edited by Tojo Thatchenkery and Roger R. Stough
Information Communication Technology and Economic Development reveals new insights regarding the complex process of globalization. It shows how the generation and circulation of intellectual capital in the US and India in ICT have led to greater productivity in the US while facilitating the economic development of India. Most industrialized nations now see the vast intellectual capital-based services that India provides at extremely competitive rates as key to their own national competitiveness in the global arena. The contributors’ findings suggest that India’s ICT-led growth will accelerate in the next ten years, launching India as a major global economic power next to the US and China.