Cluster Theory and Practice: Advantages for the Small Business Locating in a Vibrant Cluster
Journal of Research in Marketing and Entrepreneurship
ISSN: 1471-5201
Article publication date: 1 October 2002
Abstract
This paper seeks to review the state of knowledge to this much talked‐about paradigm, first made famous by Porter (1990). Clusters are a striking and common feature in today’s economy. Nonetheless, this phenomenon is not exactly new and has been the object of attention from a wide variety of social scientists for much of this century. In the last ten years, this phenomenon has attracted renewed interest from academics, practitioners, and the British Government – who have become aware of its central importance in competitive strategy. An understanding of clusters adds an important dimension to the more commonly debated role of personal contact networks in the success of entrepreneurial small business.
Keywords
Citation
Kuah, A.T.H. (2002), "Cluster Theory and Practice: Advantages for the Small Business Locating in a Vibrant Cluster", Journal of Research in Marketing and Entrepreneurship, Vol. 4 No. 3, pp. 206-228. https://doi.org/10.1108/14715200280001472
Publisher
:MCB UP Ltd
Copyright © 2002, MCB UP Limited