Location, Competition, and Economic Development: Local Clusters in a Global Economy Export

@article{porter00, abstract = {Economic geography during an era of global competition involves a paradox. It is widely recognized that changes in technology and competition have diminished many of the traditional roles of location. Yet clusters, or geographic concentrations of interconnected companies, are a striking feature of virtually every national, regional, state, and even metropolitan economy, especially in more advanced nations. The prevalence of clusters reveals important insights about the microeconomics of competition and the role of location in competitive advantage. Even as old reasons for clustering have diminished in importance with globalization, new influences of clusters on competition have taken on growing importance in an increasingly complex, knowledge-based, and dynamic economy. Clusters represent a new way of thinking about national, state, and local economies, and they necessitate new roles for companies, government, and other institutions in enhancing competitiveness. 10.1177/089124240001400105}, author = {Porter, Michael E.}, citeulike-article-id = {3457401}, citeulike-linkout-0 = {http://dx.doi.org/10.1177/089124240001400105}, citeulike-linkout-1 = {http://edq.sagepub.com/content/14/1/15.abstract}, citeulike-linkout-2 = {http://edq.sagepub.com/content/14/1/15.full.pdf}, citeulike-linkout-3 = {http://edq.sagepub.com/cgi/content/abstract/14/1/15}, day = {1}, doi = {10.1177/089124240001400105}, journal = {Economic Development Quarterly}, keywords = {cluster, economics, geography}, month = {February}, number = {1}, pages = {15--34}, posted-at = {2008-10-28 13:01:59}, priority = {2}, title = {Location, Competition, and Economic Development: Local Clusters in a Global Economy}, url = {http://dx.doi.org/10.1177/089124240001400105}, volume = {14}, year = {2000} }

TY - JOUR ID - porter00 L3 - citeulike-article-id:3457401 N2 - Economic geography during an era of global competition involves a paradox. It is widely recognized that changes in technology and competition have diminished many of the traditional roles of location. Yet clusters, or geographic concentrations of interconnected companies, are a striking feature of virtually every national, regional, state, and even metropolitan economy, especially in more advanced nations. The prevalence of clusters reveals important insights about the microeconomics of competition and the role of location in competitive advantage. Even as old reasons for clustering have diminished in importance with globalization, new influences of clusters on competition have taken on growing importance in an increasingly complex, knowledge-based, and dynamic economy. Clusters represent a new way of thinking about national, state, and local economies, and they necessitate new roles for companies, government, and other institutions in enhancing competitiveness. 10.1177/089124240001400105 IS - 1 JF - Economic Development Quarterly EP - 34 TI - Location, Competition, and Economic Development: Local Clusters in a Global Economy VL - 14 SP - 15 KW - cluster KW - economics KW - geography AU - Porter, Michael PY - 2000/02/01/ UR - http://dx.doi.org/10.1177/089124240001400105 ER -