Creating competitive advantage in developing countries

Through business clusters: A literature review

Creating competitive advantage in developing countries

Through business clusters: A literature review

Summary

Cluster policy has become a focal point for many new business initiatives in the field of politics. The actual justification of the business clusters date back to 20 century, when Phambuka-Nsimbi (2008) wrote a book on "Fundamentals of the economy" in which he refers to the outside of the dominant firms in the British industrial districts. Schmitz (1995a, b), said that Marshall introduced the concept of external economies, in order to show (s) why and how the location of ...