Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 19 November 2019

Abstract and Keywords

With the spread of globalization and internationally fragmented production, many scholars have declared the demise of the old Marshallian industrial districts. This chapter argues that spatial agglomeration of activities across all stages of production and local interfirm cooperation can still enhance firms’ competitive advantage and support innovation. The chapter analyzes the evolution of the newly formed uninterruptable power supply manufacturing cluster in Dongguan, China, and the long-established Alto Livenza furniture district in northeast Italy. The chapter develops two sets of arguments. First, it argues that we need to go back to a Schumpeterian understanding of innovation as occurring across the complete chain of actions from ideas to the constant delivery of better products and services. Second, there are four semipublic goods that industrial clusters must be able to continuously supply if they are to prosper: (1) shared assets, (2) effective innovation network structures, (3) flexible business models, and (4) specialized financial institutions.

Keywords: manufacturing cluster, globalization, innovation, interfirm cooperation, semipublic good, production

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.