What is Industrial Cluster

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Chapter 25

Handbook of Research on Global Business Opportunities

A geographic concentration of interconnected firms, suppliers, and institutions in a particular field. It has the potential to affect competition by increasing the productivity of the companies in the clusters, driving innovation, and stimulating new businesses in the specific field.

Published in Chapter:

Innovation Scope and the Performance of the Firm: Empirical Evidence from an Italian Wine Cluster

Guido Bortoluzzi (University of Trieste, Italy), Patrizia de Luca (University of Trieste, Italy), Francesco Venier (University of Trieste, Italy), and Bernardo Balboni (University of Trieste, Italy)

Source Title: Handbook of Research on Global Business Opportunities

DOI: 10.4018/978-1-4666-6551-4.ch025

Abstract

Innovation is a key factor for surviving and competing in the global scenario. However, findings from existing studies provide conflicting evidence in this regard, and the relationship between company innovation and performance remains undetermined. This chapter aims to deepen our understanding of this subject by looking at a less studied topic: the relationship between the innovation scope of a firm and its performance. The study is based on empirical research carried out in a sample of 74 firms belonging to the Friuli Wine Cluster located in northeastern Italy. Empirical results support the view that the most successful winemakers are those who have a wider innovation scope and who, in the last years, have considerably revised their innovation-related processes in a more market- and experience-related way.

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Chapter 109

Clusters are groups and networks of interdependent firms, knowledge-producing institutions (universities, research institutes, technology-providing firms), bridging institutions (e.g. providers of technical or consultancy services) and customers, linked in a production chain which creates added value together. The concept of the cluster goes beyond that of firm networking, as it captures all forms of knowledge sharing and exchange. Clusters have a more industrial or productive orientation than science and technology parks.

Published in Chapter: Knowledge in Science and Technology Parks; From: Encyclopedia of Organizational Knowledge, Administration, and Technology

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Chapter 20

It is a group of firms related in the production and distribution of good and services such as suppliers, research and designer centers, engineering and technological companies, distributors that overcome complex problems and reduce risk inherent to innovations, Porter, M. E. (1990) .

Published in Chapter: Lessons Learned from Chilean Model of Innovation and Development; From: Handbook of Research on Economic Growth and Technological Change in Latin America

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Chapter 7

A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally.

Published in Chapter: Bioentrepreneurship: Emerging Stages; From: Bioentrepreneurship and Transferring Technology Into Product Development

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