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The Singapore Economic Review, Vol. 56, No. 3 (2011) 459–461 © World Scientific Publishing Company DOI: 10.1142/S0217590811004298 BOOK REVIEW Asian Industrial Clusters, Global Competitiveness and New Policy Initiatives edited by Bernard Ganne and Yveline Lecler Over the past two decades, many governments and companies have been enamoured by “industrial clusters,” a concept introduced and popularized by Michael Porter in The Competitive Advantage of Nations. Industrial clusters make intuitive sense. As described by Porter, the geographical agglomeration of interconnected firms, suppliers, related industries and institutions increases productivity and drives innovation. These positive externalities in turn stimulate new businesses and root existing ones. As a result, many policymakers have actively pursued their own “Silicon Valley,” the holy grail of industrial clustering. In particular, Asia, a region thirsty for growth, has witnessed the proliferation and active development of hundreds of industrial clusters. These clusters have spawned across Asia embraced by countries with differing natural endowments, industrial structures, political contexts and stages of development. Asian Industrial Clusters, Global Competitiveness and New Policy Initiatives, edited by Bernard Ganne and Yveline Lecler, seeks to describe the rich diversity of clusters across and within Asian countries. Through empirical field studies, often by native researchers, the volume
The Singapore Economic Review – World Scientific Publishing Company
Published: Aug 1, 2011
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