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Knowledge Economies - Clusters, Learning and Cooperative Advantage (Paperback)
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Knowledge Economies - Clusters, Learning and Cooperative Advantage (Paperback)
Series: Routledge Studies in International Business and the World Economy
Expected to ship within 12 - 17 working days
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This book traces the theoretical explanation for clusters back to
the work of classical economists and their more modern disciples,
who saw economic development as a process involving serious
imbalances in the exploitation of resources. Initially, natural
resource endowments explained the formation of nineteenth and early
twentieth-century industrial districts. Today, geographical
concentrations of scientific and creative knowledge are the key
resource. But these require a support system, ranging from major
injections of basic research funding, to varieties of financial
investment and management, tothe provision of specialist
incubators, for economic value to be realised. These are also
specialised forms of knowledge that contribute to a serious
imbalance in the distribution of economic opportunity.
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