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The Global Challenge to Industrial Districts - Small and Medium-sized Enterprises in Italy and Taiwan (Paperback, New edition)
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The Global Challenge to Industrial Districts - Small and Medium-sized Enterprises in Italy and Taiwan (Paperback, New edition)
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The current trend towards globalization is posing a substantial
challenge to SME clusters to restructure and reach out to distant
markets and knowledge sources, while at the same time exploiting
the advantages of local factors and agglomeration. This book
represents a first attempt to analyze these issues in detail,
employing novel empirical evidence. The authors focus on Small and
Medium-sized Enterprises (SMEs) in Italy and Taiwan, two countries
in which these businesses characterize the national industrial
structure. They find that in the current climate of globalization,
there is no best practice model for organizing an industrial
cluster since a diversity of successful institutional arrangements
is possible. They demonstrate that over time SME clusters can
evolve and that globalization can reshape their upgrading options
by providing a variety of international knowledge linkages. Thus,
the authors conclude that the development of local and global
networks and new interactive modes of knowledge creation, which
have co-evolved as a result of globalization, have provided the
necessary conditions for competitive survival. Taking a
multidisciplinary approach, the authors utilize a number of
analytical tools to evaluate their survey data and present an
original comparison between the experiences of two countries that
are facing the challenges of globalization, often with differing
strategies. This book will be of great interest to industrial and
international economists, policymakers, and corporate and SME
managers.
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