Towards a Knowledge-based Theory of the Geographical Cluster
К теории географического кластера, основанной на знании
2001-12-01
SCID: 54.1/mhcwwb4t
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co-located firmscognitive distancedivision of labourgeographical clusterinterfirm cooperation
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Abstract (AI)
Co‐located firms within related industries enhance the ability to create knowledge by variation and a deepened division of labour. The interdependent development between economic activities and local institutions make the cluster attractive to some industries and hostile to others. The very reasons why cognitive distance might be small within the cluster tend to make cognitive distance great between clusters and make interfirm co‐operation across bodies of knowledge more costly. The additional value created when clustering may justify the additional cost.
Key Findings
1
Clusters reduce cognitive distance within themselves but increase cognitive distance between different clusters, raising costs of interfirm cooperation across knowledge domains.
2
Co-located firms in related industries increase knowledge creation through variation and deeper division of labour.
3
Interdependent development of economic activities and local institutions makes a cluster attractive to some industries and hostile to others.
4
The additional value generated by clustering can justify the increased costs of inter-cluster knowledge exchange.
Research Object
Geographical cluster of co-located firms within related industries
Research Subject
How co-location and related industrial composition affect knowledge creation, cognitive distance, interfirm cooperation costs, and attractiveness of the cluster to different industries
Publication Details
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2001-12-01
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