Recent economic transformations in the world economy are
progressing in two divergent directions - international production
fragmentation and industrial agglomeration. Based on extensive data
analysis and using models of interdependencies between key
economies, this book analyses innovation systems that cross
national borders. It is shown that technological complexity is an
important factor in the formation of highly specific production
networks, and why, for a number of production systems,
fragmentation and clustering are two sides of the same coin. By
outlining the picture of a world economy structured around networks
of clusters and joined together through systems of linkages of
components, people and knowledge flows, the author helps to promote
a better understanding of recent economic transformations.
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