Industrial clusters, transactions costs and the institutional determinants of MNE location behaviour Export

@article{citeulike:176832, abstract = {This paper discusses the institutional and organizational assumptions underlying many of the currently popular notions of industrial clustering. By adopting a transactions costs perspective, we explain that there are three fundamentally different types of industrial cluster. We then discuss how the institutional differences between each of these clusters provide different possibilities for the location behaviour of the multiplant or multinational firm. Using two examples from the global semiconductor industry, we show that observations of industrial clusters must be interpreted very carefully when we are discussing multinational firms. The reason for this is that many simple clustering notions are predicated on assumptions which are often incompatible with multinational firms. The potential advantages of industrial clustering can only be understood when location strategies are considered with respect to the organizational and institutional logic of both the firm and the cluster.}, author = {Mccann, Philip and Arita, Tomokazu and Gordon, Ian R.}, citeulike-article-id = {176832}, citeulike-linkout-0 = {http://dx.doi.org/10.1016/S0969-5931(02)00043-4}, citeulike-linkout-1 = {http://www.sciencedirect.com/science/article/B6VGK-474F8T5-3/2/3fe27ac0d44044e634d4898a1b10f999}, doi = {10.1016/S0969-5931(02)00043-4}, journal = {International Business Review}, keywords = {agglomeration, industrial, location, transaction}, month = {December}, number = {6}, pages = {647--663}, posted-at = {2005-05-02 22:20:25}, priority = {0}, title = {Industrial clusters, transactions costs and the institutional determinants of MNE location behaviour}, url = {http://dx.doi.org/10.1016/S0969-5931(02)00043-4}, volume = {11}, year = {2002} }

TY - JOUR ID - citeulike:176832 L3 - citeulike-article-id:176832 N2 - This paper discusses the institutional and organizational assumptions underlying many of the currently popular notions of industrial clustering. By adopting a transactions costs perspective, we explain that there are three fundamentally different types of industrial cluster. We then discuss how the institutional differences between each of these clusters provide different possibilities for the location behaviour of the multiplant or multinational firm. Using two examples from the global semiconductor industry, we show that observations of industrial clusters must be interpreted very carefully when we are discussing multinational firms. The reason for this is that many simple clustering notions are predicated on assumptions which are often incompatible with multinational firms. The potential advantages of industrial clustering can only be understood when location strategies are considered with respect to the organizational and institutional logic of both the firm and the cluster. IS - 6 JF - International Business Review EP - 663 TI - Industrial clusters, transactions costs and the institutional determinants of MNE location behaviour VL - 11 SP - 647 KW - agglomeration KW - industrial KW - location KW - transaction AU - Mccann, Philip AU - Arita, Tomokazu AU - Gordon, Ian PY - 2002/12// UR - http://dx.doi.org/10.1016/S0969-5931(02)00043-4 ER -