Business cluster

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A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally. In urban study, the term agglomeration is used. This term industry cluster, also known as a business cluster, competitive cluster, or Porterian cluster, was introduced and the term cluster popularized by Michael Porter in The Competitive Advantage of Nations (1990). The importance of economic geography, or more correctly geographical economics, was also brought to attention by Paul Krugman in Geography and Trade (1991). Cluster development has since become a focus for many government programs. The underlying concept, which economists have referred to as agglomeration economies, dates back to 1890, and the work of Alfred Marshall. Following development of the concept of interorganizational networks in Germany and practical development of clusters in the United Kingdom; many perceive there to be four methods by which a cluster can be identified: The geographical cluster - as stated above.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130016203
    • Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
    • EAN 9786130016203
    • Format Fachbuch
    • Titel Business cluster
    • Herausgeber Alphascript Publishing
    • Anzahl Seiten 92
    • Genre Wirtschaft

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