Towards Innovation with Care
Edited by Lars Fuglsang
Chapter 10: The Role of a Network Organization and Internet-based Technologies in Clusters: The Case of Medicon Valley
Ada Scupola and Charles Steinﬁeld Over the last 20 years there has been much interest in the concept of industrial localization, the tendency for many industries to concentrate specialized activities in particular locations, as a source of innovation and competitive advantage (for example Porter, 1998; Becattini, 1990). A competing view, on the other hand, is oﬀered by researchers who claim that the advent of globalization and ICTs would pose a challenge to local economies (Cairncross, 1997). This chapter addresses these competing notions by investigating the role of a network organization, Medicon Valley Academy, in supporting the development of a Danish biotech cluster, Medicon Valley. Rather than viewing globalization and localization as competing perspectives, the chapter shows the important role that Internet-based technologies have both in supporting coordination and collaboration inside industrial clusters, and in contributing to the globalization of the economy by connecting companies and clusters of companies across diﬀerent regions of the world. INTRODUCTION Innovation and technological change has been an important factor for economic development. In knowledge-based economies innovations are often the output of interactions and collaboration between various actors rather then being the result of a single ﬁrm or a single individual (Malmberg and Power, 2006). In the last two decades there has been much interest in the concept of industrial localization, the tendency for many industries to concentrate specialized activities in particular locations as a source of innovation and competitive advantage (for example Becattini, 1990; Porter, 1998; OECD, 2002). Some researchers (for example...
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.