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The Cluster as Market Organisation

Author

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  • Peter Maskell

    (Danish Research Unit on Industrial Dynamics (DRUID), Department of Industrial Economics and Strategy (TVS), Copenhagen Business School (CBS), Solbjergvej 3, DK-2000 Frederiksberg, Denmark, Maskell@cbs.dk)

  • Mark Lorenzen

    (Danish Research Unit on Industrial Dynamics (DRUID), Department of Industrial Economics and Strategy (TVS), Copenhagen Business School (CBS), Solbjergvej 3, DK-2000 Frederiksberg, Denmark, mark@cbs.dk)

Abstract

This paper views clusters as a specific spatial configuration of the economy suitable for the creation, transfer and usage of knowledge. It investigates how the modern exchange-economy becomes organised as rent-seeking firms build network relations to create knowledge and obtain resource efficiency while keeping transaction costs at bay. It moves on to consider the cluster as an emerging, self-organising, attractive alternative for interfirm relationships in cases where (global) network formation becomes a less feasible strategy. The paper empirically investigates two industries where clustering for different reasons might be considered superior to other forms of market organisation.

Suggested Citation

  • Peter Maskell & Mark Lorenzen, 2004. "The Cluster as Market Organisation," Urban Studies, Urban Studies Journal Limited, vol. 41(5-6), pages 991-1009, May.
    • Handle: RePEc:sae:urbstu:v:41:y:2004:i:5-6:p:991-1009
    DOI: 10.1080/00420980410001675878
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    Cited by:

    1. Charlie Karlsson, 2011. "Clusters, Networks and Creativity," Chapters, in: David Emanuel Andersson & Åke E. Andersson & Charlotta Mellander (ed.), Handbook of Creative Cities, chapter 5, Edward Elgar Publishing.
    2. Coll Martínez, Eva & Arauzo Carod, Josep Maria, 2015. "Creative Industries: a Preliminary Insight to their Location Determinants," Working Papers 2072/250133, Universitat Rovira i Virgili, Department of Economics.
    3. Ram Mudambi, 2013. "Location, control and firm innovation: the case of the mobile handset industry," Chapters, in: Frank Giarratani & Geoffrey J.D. Hewings & Philip McCann (ed.), Handbook of Industry Studies and Economic Geography, chapter 9, pages 230-252, Edward Elgar Publishing.
    4. Bathelt Harald & Zakrzewski Guido, 2007. "Messeveranstaltungen als fokale Schnittstellen der globalen Ökonomie," ZFW – Advances in Economic Geography, De Gruyter, vol. 51(1), pages 14-30, October.
    5. Martin Mathews, 2017. "Gift giving, reciprocity and the creation of trust," Journal of Trust Research, Taylor & Francis Journals, vol. 7(1), pages 90-106, January.
    6. Anders Malmberg & Peter Maskell, 2010. "An Evolutionary Approach to Localized Learning and Spatial Clustering," Chapters, in: Ron Boschma & Ron Martin (ed.), The Handbook of Evolutionary Economic Geography, chapter 18, Edward Elgar Publishing.
    7. Coll Martínez, Eva, 2017. "Creativity and the City: Testing the Attenuation of Agglomeration Economies fo r the Creative Industries in Barcelona," Working Papers 2072/292435, Universitat Rovira i Virgili, Department of Economics.
    8. Patrick Cohendet & David Grandadam & Chahira Mehouachi & Laurent Simon, 2018. "The local, the global and the industry common: the case of the video game industry," Journal of Economic Geography, Oxford University Press, vol. 18(5), pages 1045-1068.
    9. Eva Coll-Martínez, 2019. "Creativity and the city: testing the attenuation of agglomeration economies in Barcelona," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 43(3), pages 365-395, September.
    10. David Hojman, 2005. "Network Learning, Principal-Agent Conflict, and Award-Winning Wine-Making in Chile's Colchagua Valley," Working Papers 200512, University of Liverpool, Department of Economics.
    11. Brachert, Matthias (Ed.) & Henn, Sebastian (Ed.), 2012. "Cluster in Mitteldeutschland - Strukturen, Potenziale, Förderung. Tagungsband," IWH-Sonderhefte 5/2012, Halle Institute for Economic Research (IWH).
    12. Blum, Ulrich & Brachert, Matthias & Brautzsch, Hans-Ulrich & Brenke, Karl & Buscher, Herbert & Dietrich, Diemo & Dürig, Wolfgang & Franz, Peter & Günther, Jutta & Haug, Peter & Kauffmann, Albrecht & K, 2011. "Wirtschaftlicher Stand und Perspektiven für Ostdeutschland: Studie im Auftrag des Bundesministeriums des Innern," IWH-Sonderhefte 2/2011, Halle Institute for Economic Research (IWH).
    13. Ram Mudambi & Markus Venzin, 2010. "The Strategic Nexus of Offshoring and Outsourcing Decisions," Journal of Management Studies, Wiley Blackwell, vol. 47(8), pages 1510-1533, December.
    14. Ekaterina Turkina & Ari Van Assche & Raja Kali, 2016. "Network Structure and Industrial Clustering Dynamics in the Aerospace Industry," CIRANO Working Papers 2016s-14, CIRANO.
    15. Edward Kasabov & Usha Sundaram, 2013. "A Stakeholder Approach to Branding Clusters: Pointers to a Research Agenda," Regional Studies, Taylor & Francis Journals, vol. 47(4), pages 530-543, April.
    16. Amandine Pinget & Rachel Bocquet, 2017. "Spécificités des sources de connaissances pour l'innovation environnementale des PME," Post-Print hal-01699651, HAL.

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