Media clusters and metropolitan knowledge economy
Large media clusters have emerged in a limited number of large cities, characterizing the geographical concentration of the global media industry. This paper starts by exploring the effect of the rapid advancement of Information and Communication Technologies (ICT) had on the media economy. It concludes that the role of the “weightless economy” on media cluster has enhanced its production and distribution functions. We review the specificities of media cluster that ties agglomeration to creative, diversified attributes of production and distribution. The implication is that media firms hold strong tendencies to cluster in urban regions since they make full usage of its resources, namely its export capabilities and import transformation strength. Finally, we invite researchers to consider Jacobs’ metropolitan and global reciprocating system of city growth as a valid unit for analysing media clusters. The question leads envisaging if media clusters' strong metropolitan base allows them to grow further through globalised circuits. The paper concludes that large, media clusters drive on intellectually dense network of information, which can only be cultivated through large agglomerations existing capabilities. Consequently, the research question focuses upon the economic role of knowledge in media creation and export replacement. We emphasize the strength of Jacob’s model of media cluster for understanding its mechanism of value creation and endogenous system of globalisation.
|Date of creation:||21 Oct 2013|
|Contact details of provider:|| Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden|
Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/
More information through EDIRC
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.:
- Michael Storper & Anthony J. Venables, 2004.
"Buzz: face-to-face contact and the urban economy,"
Journal of Economic Geography,
Oxford University Press, vol. 4(4), pages 351-370, August.
- Michael Storper & Anthony J. Venables, 2003. "Buzz: Face-to-Face Contact and the Urban Economy," CEP Discussion Papers dp0598, Centre for Economic Performance, LSE.
- Storper, Michael & Venables, Anthony J., 2003. "Buzz: face-to-face contact and the urban economy," LSE Research Online Documents on Economics 20008, London School of Economics and Political Science, LSE Library.
- Sahal, Devendra, 1985. "Technological guideposts and innovation avenues," Research Policy, Elsevier, vol. 14(2), pages 61-82, April.
- Charlie Karlsson & Börje Johansson & Roger R. Stough (ed.), 2005. "Industrial Clusters and Inter-Firm Networks," Books, Edward Elgar Publishing, number 3577.
- Jesse M. Shapiro, 2006.
"Smart Cities: Quality of Life, Productivity, and the Growth Effects of Human Capital,"
The Review of Economics and Statistics,
MIT Press, vol. 88(2), pages 324-335, May.
- Jesse M. Shapiro, 2005. "Smart Cities: Quality of Life, Productivity, and the Growth Effects of Human Capital," NBER Working Papers 11615, National Bureau of Economic Research, Inc.
- McCann, Philip, 2001. "Urban and Regional Economics," OUP Catalogue, Oxford University Press, number 9780198776451.
- Hikaru Ogawa, 2000. "Spatial impact of information technology development," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 34(4), pages 537-551.
- Simone Ferriani & Raffaele Corrado & Carlo Boschetti, 2005. "Organizational Learning under Organizational Impermanence: Collaborative Ties in Film Project Firms," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 9(3), pages 257-285, September.
- Bénédicte Vidaillet & V. D'Estaintot & P. Abécassis, 2005. "Introduction," Post-Print hal-00287137, HAL.
- Høgni Kalsø, Hansen & Vang, Jan & Asheim, Bjørn, 2005. "The Creative Class and Regional Growth: Towards a Knowledge Based Approach," Papers in Innovation Studies 2005/15, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
- Jorg Sydow & Udo Staber, 2002. "The Institutional Embeddedness of Project Networks: The Case of Content Production in German Television," Regional Studies, Taylor & Francis Journals, vol. 36(3), pages 215-227.
- Rosenberg, Nathan, 1963. "Technological Change in the Machine Tool Industry, 1840–1910," The Journal of Economic History, Cambridge University Press, vol. 23(04), pages 414-443, December.
- Henderson, J. Vernon, 1986. "Efficiency of resource usage and city size," Journal of Urban Economics, Elsevier, vol. 19(1), pages 47-70, January.
- Storper, Michael & Harrison, Bennett, 1991. "Flexibility, hierarchy and regional development: The changing structure of industrial production systems and their forms of governance in the 1990s," Research Policy, Elsevier, vol. 20(5), pages 407-422, October.
- Anders Malmberg & Peter Maskell, 2002. "The elusive concept of localization economies: towards a knowledge-based theory of spatial clustering," Environment and Planning A, Pion Ltd, London, vol. 34(3), pages 429-449, March.
- Oecd, 2001. "Understanding the Digital Divide," OECD Digital Economy Papers 49, OECD Publishing.
- Jason Potts & Stuart Cunningham, 2010. "Four models of the creative industries," Revue d'économie politique, Dalloz, vol. 120(1), pages 163-180.
- Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-499, June.
- Gaspar, Jess & Glaeser, Edward L., 1998.
"Information Technology and the Future of Cities,"
Journal of Urban Economics,
Elsevier, vol. 43(1), pages 136-156, January.
- Jess Gaspar & Edward Glaeser, 1996. "Information Technology and the Future of Cities," NBER Working Papers 5562, National Bureau of Economic Research, Inc.
- Jess Gaspar & Edward L. Glaeser, 1996. "Information Technology and the Future of Cities," Harvard Institute of Economic Research Working Papers 1756, Harvard - Institute of Economic Research.
- Dosi, Giovanni, 1988. "Sources, Procedures, and Microeconomic Effects of Innovation," Journal of Economic Literature, American Economic Association, vol. 26(3), pages 1120-1171, September.
- Daniel Piazolo, 2001. "The Digital Divide," CESifo Forum, Ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 2(3), pages 29-34, October.
- Allen J. Scott, 2000.
"The Cultural Economy of Paris,"
International Journal of Urban and Regional Research,
Wiley Blackwell, vol. 24(3), pages 554-566, September.
- Charlie Karlsson (ed.), 2008. "Handbook of Research on Cluster Theory," Books, Edward Elgar Publishing, number 3942.
- N. Gregory Mankiw & Michael D. Whinston, 1986. "Free Entry and Social Inefficiency," RAND Journal of Economics, The RAND Corporation, vol. 17(1), pages 48-58, Spring.
- Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters,in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626 National Bureau of Economic Research, Inc.
- Stefan Krätke, 2002. "Network Analysis of Production Clusters: The Potsdam/Babelsberg Film Industry as an Example," European Planning Studies, Taylor & Francis Journals, vol. 10(1), pages 27-54, January.
- Edward L. Glaeser & David Laibson & Bruce Sacerdote, 2002. "An Economic Approach to Social Capital," Economic Journal, Royal Economic Society, vol. 112(483), pages 437-458, November.
- Allen J. Scott, 1997. "The Cultural Economy of Cities," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 21(2), pages 323-339, June.
- Anthony Venables, 2001. "Geography and International Inequalities: The Impact of New Technologies," Journal of Industry, Competition and Trade, Springer, vol. 1(2), pages 135-159, June.
- Anthony J. Venables, 2001. "Geography and International Inequalities: the Impact of New Technologies," CEP Discussion Papers dp0507, Centre for Economic Performance, LSE.
- Naresh Pandit & Gary Cook & G. M. P. Swann, 2002. "A Comparison of Clustering Dynamics in the British Broadcasting and Financial Services Industries," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(2), pages 195-224.
- Karlsson, Charlie & Johansson, Börje & Stough, Roger, 2009. "Entrepreneurship and Development - local processes and global patterns," Working Paper Series in Economics and Institutions of Innovation 160, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Chris Freeman & Luc Soete, 1997. "The Economics of Industrial Innovation, 3rd Edition," MIT Press Books, The MIT Press, edition 3, volume 1, number 0262061953, January.
- Glaeser, Edward L & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer, 1992. "Growth in Cities," Journal of Political Economy, University of Chicago Press, vol. 100(6), pages 1126-1152, December.
- Edward L. Glaeser & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer, 1991. "Growth in Cities," NBER Working Papers 3787, National Bureau of Economic Research, Inc.
- Glaeser, Edward Ludwig & Kallal, Hedi D. & Scheinkman, Jose A. & Shleifer, Andrei, 1992. "Growth in Cities," Scholarly Articles 3451309, Harvard University Department of Economics.
- Sylvia Chan-Olmsted & Byeng-Hee Chang, 2003. "Diversification Strategy of Global Media Conglomerates: Examining Its Patterns and Determinants," Journal of Media Economics, Taylor & Francis Journals, vol. 16(4), pages 213-233.
- Alex Burfitt & Stewart Macneill, 2008. "The Challenges of Pursuing Cluster Policy in the Congested State," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(2), pages 492-505, June.
- Almeida, Paul & Kogut, Bruce, 1997. "The Exploration of Technological Diversity and the Geographic Localization of Innovation," Small Business Economics, Springer, vol. 9(1), pages 21-31, February.
- Freeman, Chris, 1995. "The 'National System of Innovation' in Historical Perspective," Cambridge Journal of Economics, Oxford University Press, vol. 19(1), pages 5-24, February.
- James Simmie, 2002. "Trading Places: Competitive Cities in the Global Economy," European Planning Studies, Taylor & Francis Journals, vol. 10(2), pages 201-214, March.
- Harald Bathelt, 2005. "Cluster Relations in the Media Industry: Exploring the 'Distanced Neighbour' Paradox in Leipzig," Regional Studies, Taylor & Francis Journals, vol. 39(1), pages 105-127.
- Jorge Ferrando & Jean J. Gabszewicz & Didier Laussel & Nathalie Sonnac, 2008. "Intermarket network externalities and competition: An application to the media industry," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(3), pages 357-379.
- Markus M. Bugge, 2011. "Jacobian Cluster Mutation Across Advertising And Internet‐Based Market Communication," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 102(5), pages 515-531, December.
- Stefan Krätke, 2003. "Global Media Cities in a World-wide Urban Network," European Planning Studies, Taylor & Francis Journals, vol. 11(6), pages 605-628, September.
- Ann-Katrin Backlund & Åke Sandberg, 2002. "New Media Industry Development: Regions, Networks and Hierarchies - Some Policy Implications," Regional Studies, Taylor & Francis Journals, vol. 36(1), pages 87-91. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:hhs:cesisp:0328. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vardan Hovsepyan)
If references are entirely missing, you can add them using this form.