Inderscience Publishers

How benchmarking can lever cluster competitiveness

- By:

Courtesy of Courtesy of Inderscience Publishers

New international trade theory postulates intra-industry trade as a major component. Regarding research as a traded item, this is complex as it can be both intra- and inter-industry trade, a problem for future industry classifications. However, research trade from university centres of excellence and research institutes is now a major feature of territorial competition. The example of this to be discussed, mainly theoretically, but with supporting evidence, relates to intra-factor translocation by transnational corporations (TNCs) in pharmaceutical and agro-food biotechnology. Whereas the prime mover in spatial structure became the TNC and its internal and international divisions of labour that created economic geography to a large extent, this had declined significantly by 2004 in pharmaceuticals though less so in agro-food. Now, in biopharmaceuticals, the prime mover is the key university, its research capabilities, specialist fund-attracting Centres of Excellence, and entrepreneurship in dedicated biotechnology firms (DBFs).

Keywords: industry clusters, competitiveness, entrepreneurship, innovation, knowledge networks, proximity, regions, trade, pharmaceutical industry, research institutes, agro-food biotechnology, biopharmaceuticals, university research, centres of excellence, transnational corporations, TNCs, multinational corporations, MNCs

Customer comments

No comments were found for How benchmarking can lever cluster competitiveness. Be the first to comment!