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Knowledge economies, clusters, learning and cooperative advantage

Cooke, Philip Nicholas 2001. Knowledge economies, clusters, learning and cooperative advantage. Routledge Studies in International Business and the World Economy, Routledge.

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Abstract

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.

Item Type: Book
Book Type: Authored Book
Date Type: Publication
Status: Published
Schools: Geography and Planning (GEOPL)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HF Commerce
Uncontrolled Keywords: Development; Economics
Publisher: Routledge
ISBN: 9780415164092
Last Modified: 07 Nov 2019 09:09
URI: https://orca.cardiff.ac.uk/id/eprint/2411

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