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Industrial clusters, shared resources and firm performance

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  • Jun Li
  • Shuai Geng

Abstract

Drawing upon the resource-based view, this paper examines the relationships between various types of cluster-based shared resources and cluster firm performance in the Chinese context. Using survey data from a sample of 294 small- and medium-sized enterprises from industrial clusters in Zhejiang Province, we find evidence to support arguments that cluster firms in comparison with non-cluster firms demonstrate significantly higher perceptions of shared resources and that shared resources exclusively available to cluster firms link to better cluster firm performance. The findings of our research suggest that cluster policy needs to attend to the constituents of shared resources in order to enhance firm performance.

Suggested Citation

  • Jun Li & Shuai Geng, 2012. "Industrial clusters, shared resources and firm performance," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 24(5-6), pages 357-381, June.
    • Handle: RePEc:taf:entreg:v:24:y:2012:i:5-6:p:357-381
    DOI: 10.1080/08985626.2011.591841
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    References listed on IDEAS

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    1. Duranton, Gilles & Martin, Philippe & Mayer, Thierry & Mayneris, Florian, 2010. "The Economics of Clusters: Lessons from the French Experience," OUP Catalogue, Oxford University Press, number 9780199592203.
    2. Swann, G. M. Peter & Prevezer, Martha & Stout, David (ed.), 1998. "The Dynamics of Industrial Clustering: International Comparisons in Computing and Biotechnology," OUP Catalogue, Oxford University Press, number 9780198289593.
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    2. Zhuo, Yubo & Wu, Zheng & Wang, Shuyi & Wang, Xinxin, 2020. "Sustainable Development Model of China’s Rural Financial Inclusion and its Effects: A Case Study of Yueqing Rural Commercial Bank," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304416, Agricultural and Applied Economics Association.
    3. A. Volkova I. & I. Karachev A. & А. Волкова И. & И. Карачев А., 2016. "Факторы Роста Экспортного Потенциала Малого Инновационного Предприятия // Export Potential Growth Factors For A Small Innovative Enterprise," Финансы: теория и практика/Finance: Theory and Practice // Finance: Theory and Practice, ФГОБУВО Финансовый университет при Правительстве Российской Федерации // Financial University under The Government of Russian Federation, vol. 20(6), pages 31-38.
    4. Karla Paola Jiménez Almaguer. & José Melchor Medina Quintero. & Nazlhe Faride Cheín Schekaibán, 2013. "The search for the development of clusters in Tamaulipas, Mexico: A case study," Economía: teoría y práctica, Universidad Autónoma Metropolitana, México, vol. 39(2), pages 89-117, Julio-Dic.
    5. Burlina, Chiara & Casadei, Patrizia & Crociata, Alessandro, 2023. "Economic complexity and firm performance in the cultural and creative sector: evidence from Italian provinces," LSE Research Online Documents on Economics 116979, London School of Economics and Political Science, LSE Library.
    6. Huanmei Li & Graciela Zubielqui & Allan O’Connor, 2015. "Entrepreneurial networking capacity of cluster firms: a social network perspective on how shared resources enhance firm performance," Small Business Economics, Springer, vol. 45(3), pages 523-541, October.
    7. Deepak Chandrashekar & M. H. Bala Subrahmanya & Kshitija Joshi & Tathagat Priyadarshi, 2019. "Effect of Innovation on Firm Performance — The Case of a Technology Intensive Manufacturing Cluster in India," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 16(07), pages 1-31, November.
    8. Nigar Cagla Mutlucan, 2018. "Competitive Advantage and Clusters: What Can We Learn from Nine Turkish Clusters?," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 32(2), pages 47-76.
    9. Angelo Cavallo & Antonio Ghezzi & Alessandra Colombelli & Gian Luca Casali, 2020. "Agglomeration dynamics of innovative start-ups in Italy beyond the industrial district era," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 239-262, March.
    10. Maria Clara da Cunha Bezerra & Cláudia Fabiana Gohr & Sandra Naomi Morioka, 2021. "Linking Cluster Characteristics and Organizational Capabilities for Sustainability—Framework Development and Application," Sustainability, MDPI, vol. 13(3), pages 1-26, January.
    11. Aerts, Ria & Pikkarainen, Minna & Xu, Yueqiang & Andersson, Svante, 2023. "Overcoming hospital resistance in an international innovation co-creation," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    12. Hervas Oliver,Jose Luis & Gonzalez,Gregorio & Caja,Pedro, 2014. "Clusters and industrial districts: where is the literature going? Identifying emerging sub-fields of research," INGENIO (CSIC-UPV) Working Paper Series 201409, INGENIO (CSIC-UPV).

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