International Entrepreneurship in Small and Medium Size Enterprises Orientation, Environment and Strategy
Orientation, Environment and Strategy
- The McGill International Entrepreneurship series
Chapter 2: The Dynamic Impact of Regional Clusters on International Growth and Competition: Some Grounded Propositions
2. The dynamic impact of regional clusters on international growth and competition: some grounded propositions Hamid Etemad and Hankyu Chu INTRODUCTION The economic prosperity of some regions of the world has become the envy of other less developed regions. Increasingly regions are seen as the appropriate unit of analysis, where actual economic and technological interactions take place, amid the failure of the classical paradigms in addressing many of the sociocultural and development problems (Morgan, 1997). De la Mothe and Paquet (2000) argue that ‘The most useful perspective point of view is the meso perspective which focuses on development block, technology districts, subnational fora, etc.’ (p. 33). They suggest that learning takes place in the regional subsystems and the socioeconomic and technology-centered systems interact for innovation to occur. Similarly, Feldman and Florida (1994) view a region1 as ‘the vessel in which entrepreneurs, venture capitalists, and other agents of innovation, organize infrastructure that brings together the crucial support and resources for innovation process’ to flourish (p. 210). The interest in the region is well reflected in the concept of industrial clusters. While there are many different definitions of clusters, each associated with one of the various theoretical traditions that seek to shed light on this complex phenomenon, the concept may be referred to as ‘geographic concentrations of interconnected companies and institutions in a particular field’ (Porter, 1998, p. 78). In Porter’s conception, clusters also include ‘related industries’ and ‘supporting institutions’, including trade associations and educational institutions. Theoretical richness and the diversity of...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.