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Localised Learning and Industrial Competitiveness

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Author Info
Maskell, Peter
Malmberg, Anders

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Abstract

Changes in the international economy have gradually shifted the basis of industrial competitiveness from static price competition towards dynamic improvement, benefiting firms that are able to create knowledge faster than their competitors. This paper argues that proximity between firms plays an important role in interactive learning processes and that knowledge creation is supported by the institutional embodiment of tacit knowledge useful for particular classes of activity. Sustainable competitiveness requires the ongoing replacement of decrepit resources, the rebuilding of obsolete structures, and the renewal of economically important national or regional institutions, when imitation gradually turns localized capabilities into global ubiquities. Copyright 1999 by Oxford University Press.

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Publisher Info
Article provided by Oxford University Press in its journal Cambridge Journal of Economics.

Volume (Year): 23 (1999)
Issue (Month): 2 (March)
Pages: 167-85
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Handle: RePEc:oup:cambje:v:23:y:1999:i:2:p:167-85

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Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Scott, Allen J., 1995. "The Geographic Foundations of Industrial Performance," Mathematical Social Sciences, Elsevier, vol. 30(3), pages 319-320, December. [Downloadable!] (restricted)
  2. David, Paul A, 1985. "Clio and the Economics of QWERTY," American Economic Review, American Economic Association, vol. 75(2), pages 332-37, May. [Downloadable!] (restricted)
  3. Dosi, Giovanni, 1990. "Finance, innovation and industrial change," Journal of Economic Behavior & Organization, Elsevier, vol. 13(3), pages 299-319, June. [Downloadable!] (restricted)
  4. Teece, David J., 1986. "Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy," Research Policy, Elsevier, vol. 15(6), pages 285-305, December. [Downloadable!] (restricted)
  5. Bennett Harrison, 1992. "Industrial Districts: Old Wine in New Bottles?," Regional Studies, Taylor and Francis Journals, vol. 26(5), pages 469-483, January. [Downloadable!] (restricted)
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