The Economic Performance of Clustered and Non Clustered Firms along the different Phases of the Cluster Life Cycle: The Portuguese Cork Industry Case
AbstractThis paper is about the relative economic performance of clustered and non-clustered companies in the different phases of the cluster life cycle. It starts with the explanation of a puzzling localization behaviour, namely that most of the Portuguese cork manufacturing firms are concentrated in Santa Maria da Feira, a small county in the north of the country, whereas the bulk of the cork is produced in the south (Alentejo and Ribatejo). The historical roots and past and path dependence of the trajectory of this cluster are examined, as well as the identification of its life cycle phases. A comparative analysis of the economic performance of firms localized in Santa Maria da Feira and in other regions of the country is then made, using labour productivity data for a long time span of several decades. This exercise is a quantitative illustration of the crucial importance of history for the understanding of cluster dynamics, as well as many other (evolutionary) economic phenomena.
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Bibliographic InfoPaper provided by ISEG - School of Economics and Management, Department of Economics, University of Lisbon in its series Working Papers Department of Economics with number 2013/26.
Date of creation: Dec 2013
Date of revision:
Contact details of provider:
Postal: Department of Economics, ISEG - School of Economics and Management, University of Lisbon, Rua do Quelhas 6, 1200-781 LISBON, PORTUGAL
Web page: https://aquila1.iseg.ulisboa.pt/aquila/departamentos/EC
Cork Industry; Cluster Life Cycle; Santa Maria da Feira; Portugal.;
Find related papers by JEL classification:
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- L73 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Forest Products
- N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-12-15 (All new papers)
- NEP-CSE-2013-12-15 (Economics of Strategic Management)
- NEP-EFF-2013-12-15 (Efficiency & Productivity)
- NEP-GEO-2013-12-15 (Economic Geography)
- NEP-HIS-2013-12-15 (Business, Economic & Financial History)
- NEP-HME-2013-12-15 (Heterodox Microeconomics)
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.:
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