Business Cluster - Types - By Knowledge

By Knowledge

Several types of business clusters can, based on different kinds of knowledge, are recognized:

  • High-tech clusters - These clusters are high technology-oriented, well adapted to the knowledge economy, and typically have as a core renowned universities and research centers like Silicon Valley.
  • Historic know-how-based clusters - These are based on more traditional activities that maintain their advantage in know-how over the years, and for some of them, over the centuries. They are often industry specific. For example: London as financial center.
  • Factor endowment clusters - They are created because a comparative advantage they might have linked to a geographical position. For example, wine production clusters because of sunny regions surrounded by mountains, where good grapes can grow. This is like certain areas in France, Spain, Chile or California.
  • Low-cost manufacturing clusters - These clusters have typically emerged in developing countries within particular industries, such as automotive production, electronics, or textiles. Examples include electronics clusters in Mexico (e.g. Guadalajara) and Argentina (e.g. Cordoba). Cluster firms typically serve clients in developed countries. Drivers of cluster emergence include availability of low-cost labor, geographical proximity to clients (e.g. in the case of Mexico for U.S. clients; Eastern Europe for Western European clients).
  • Knowledge services clusters - Like low-cost manufacturing clusters, these clusters have emerged typically in developing countries. They have been characterized by the availability of lower-cost skills and expertise serving a growing global demand for increasingly commoditized (i.e. standardized, less firm-specific) knowledge services, e.g. software development, engineering support, analytical services. Examples include Bangalore, India; Recife, Brazil; Shanghai, China. Multinational corporations have played an important role in 'customizing' business conditions in these clusters. One example for this is the establishment of collaborative linkages with local universities to secure the supply of qualified, yet lower-cost engineers.

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Other articles related to "knowledge":

Western Esotericism - Philosophy - Initiation
... (which may be translated as "no person without knowledge of Geometry should get in") found in Plato's Academy ... where many participants have adopted the view that access to knowledge should be as open as possible ... Zen Buddhism) in order for the passing of wisdom or knowledge to occur ...
Experiential Knowledge
... Experiential knowledge is knowledge gained through experience as opposed to a priori (before experience) knowledge ... In the philosophy of mind, the phrase often refers to knowledge that can only be acquired through experience, such as, for example, the knowledge of what it is like to see colours, which could not be explained to ... A priori knowledge is can Adam or Eve know what water feels like on their skin prior to touching it for the first time? Writer Barry Lopez writes about ...
Educational Assessment - Summary Table of The Main Theoretical Frameworks
... Organ that evolved to acquire knowledge by making sense of the world ... Nature of Knowledge (epistemology) Hierarchically organized associations that present an accurate but incomplete representation of the world ... Assumes that the sum of the components of knowledge is the same as the whole ...
Knowledge Worker - Knowledge Work in The 21st Century
4) says that the rise of knowledge work has actually been foreseen for years ... to the fact that Fritz Machlup did a lot of the early work on both knowledge as well as knowledge work roles and as early as 1958 stated that the sector was growing much faster than ... (2006) sees a strong, on-going linkage between knowledge workers and innovation, but the pace and manner of interaction have become more advanced ...
Religious Meaning of Knowledge
... many expressions of Christianity, such as Catholicism and Anglicanism, knowledge is one of the seven gifts of the Holy Spirit ... The Old Testament's tree of the knowledge of good and evil contained the knowledge that separated Man from God "And the LORD God said, Behold, the man is become as one of us, to know good and ... In Thelema knowledge and conversation with one's Holy Guardian Angel is the purpose of life ...

Famous quotes containing the word knowledge:

    The statements of science are hearsay, reports from a world outside the world we know. What the poet tells us has long been known to us all, and forgotten. His knowledge is of our world, the world we are both doomed and privileged to live in, and it is a knowledge of ourselves, of the human condition, the human predicament.
    John Hall Wheelock (1886–1978)

    Although your knowledge is weak and small, you need not be silent: Since you cannot be judges be at least witnesses.
    Franz Grillparzer (1791–1872)