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The Globalization of Competition and the Localization of Competitive Advantage: Policies towards Regional Clustering

In: The Globalization of Multinational Enterprise Activity and Economic Development

Author

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  • Michael J. Enright

    (University of Hong Kong)

Abstract

Two seemingly competing tendencies, the globalization of economic activity and the localization of industries, have captured the interest of scholars, economic development professionals, and policy-makers in recent years. While trends towards globalization of industries and companies appear to reduce the importance and distinctiveness of (subnational) regions, a tendency towards localization of certain industries and economic activities appears to do exactly the opposite. The simultaneous globalization and localization tendencies have created policy challenges for national and local governments. One response to these challenges has been a dramatic proliferation of regional development policies based on regional clusters of firms and industries.

Suggested Citation

  • Michael J. Enright, 2000. "The Globalization of Competition and the Localization of Competitive Advantage: Policies towards Regional Clustering," Palgrave Macmillan Books, in: Neil Hood & Stephen Young (ed.), The Globalization of Multinational Enterprise Activity and Economic Development, chapter 13, pages 303-331, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59916-1_13
    DOI: 10.1057/9780230599161_13
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    Citations

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    Cited by:

    1. Haddad, Christian & Benner, Maximilian, 2021. "Situating innovation policy in Mediterranean Arab countries: A research agenda for context sensitivity," Research Policy, Elsevier, vol. 50(7).
    2. Zheliazkov, Georgi & Zaimova, Darina & Genchev, Evgeni & Toneva, Krasimira, 2015. "Cluster Development In Rural Areas," Economics of Agriculture, Institute of Agricultural Economics, vol. 62(1), pages 1-21, March.
    3. Gedai, Endre & Kóczy, László Á. & Zombori, Zita, 2012. "Cluster games: A novel, game theory-based approach to better understand incentives and stability in clusters," MPRA Paper 65095, University Library of Munich, Germany.
    4. Madeline Smith, 2009. "Exploratory Techniques for Examining Cluster Dynamics: A Systems Thinking Approach," Local Economy, London South Bank University, vol. 24(4), pages 283-298, June.
    5. Alexey Barabashev & Sergey Semenov, 2015. "Shaping the Analytic Matrix for Development Planning in the Territories: The Kamchatka, Russia case," Public administration issues, Higher School of Economics, issue 5, pages 7-20.
    6. Terutomo Ozawa & Sergio Castello, 2001. "Multinational Corporations and Endogenous Growth: An Eclectic-Paradigmatic Analysis," Economics Study Area Working Papers 27, East-West Center, Economics Study Area.
    7. Peter J. Buckley, 2011. "International Integration and Coordination in the Global Factory," Management International Review, Springer, vol. 51(2), pages 269-283, April.
    8. Terutomo Ozawa & Sergio Castello, 2001. "Toward an 'International Business' Paradigm of Endogenous Growth: Multinationals and Governments as Co-Endogenisers," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 8(2), pages 211-228.
    9. Raines, Philip, 2000. "Local Or National Competitive Advantage? The Tensions In Cluster Development Policy," ERSA conference papers ersa00p369, European Regional Science Association.
    10. Nachum, Lilach & Keeble, David, 2003. "MNE linkages and localised clusters: foreign and indigenous firms in the media cluster of Central London," Journal of International Management, Elsevier, vol. 9(2), pages 171-192.
    11. Gökhan Önder & Cemil Ulukan, 2020. "Innovation and the network position of firms: the case of the Eskişehir–Bilecik–Kütahya ceramic cluster in Turkey," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 47(4), pages 589-612, December.

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