Clusters are geographic concentrations of inter-connected firms, specialised suppliers, service providers, associations or institutions in a specific field that are inherent in a region or a nation. Clusters can emerge out of specific resources of the region like raw materials or out of specific group of products like auto components or out of specific skills like jewellery and so on. From time immemorial clusters have been emerging at various places and at various times based on the inherent natural factors. They arise because they enhance the productivity through networking through sharing of information and skills; this leads to better scale economies, market access, competitiveness and sustainability. Development and upgrading of clusters is very often an important agenda of policymakers, governments and development institutions. Initiatives of cluster development have emerged as an important direction of economic policy, building on prior initiatives of macro-economic stabilisation, privatisation, market access and decreasing the cost of doing business. The book will explore the concept of clusters, its emergence in various parts of the world, the nature of the initiatives taken by various governments and the experiences in developed and underdeveloped countries. The book has three sections: Concepts, Experiences from developed countries and Experiences from developing countries.
There are no reviews yet.