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Dual clusters in dual economies: understanding innovation in clusters of developing countries

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  • Pablo Galaso
  • Adrián Rodríguez-Miranda
  • Antonio Vázquez Barquero

Abstract

In developing countries, clusters not only have a dual configuration with pronounced differences in company performance but are also embedded within the framework of dual economies. This restricts the capacity of networks to facilitate the innovation processes of local firms. We provide empirical evidence that supports this hypothesis by analyzing local and multinational firms in 18 Latin American clusters. Our findings can improve the understanding of innovation processes in underdeveloped countries, suggesting that dualism should be considered as a determining factor.

Suggested Citation

  • Pablo Galaso & Adrián Rodríguez-Miranda & Antonio Vázquez Barquero, 2025. "Dual clusters in dual economies: understanding innovation in clusters of developing countries," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 34(4), pages 722-743.
    • Handle: RePEc:oup:indcch:v:34:y:2025:i:4:p:722-743.
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    File URL: http://hdl.handle.net/10.1093/icc/dtae044
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