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Clusters of specialized businesses are being promoted around the world, aided by high-profile examples such as Silicon Valley.

Using evidence from high- and low-income economies, as well as detailed case studies that show the special conditions behind successful clusters, this book provides a new vantage point on this high-interest topic, making it ideal for students of business location, policy-makers and managers seeking a real-world understanding of clustering.

Clusters of specialized businesses are being promoted around the world, aided by high-profile examples such as Silicon Valley.

Using evidence from high- and low-income economies, as well as detailed case studies that show the special conditions behind successful clusters, this book provides a new vantage point on this high-interest topic, making it ideal for students of business location, policy-makers and managers seeking a real-world understanding of clustering.

Efforts to promote the economic development of individual localities engage the attention of academics, students and professionals. Many such analysts argue that competitive advantage can be fostered within local economies, complimenting the advent of a more globalised economy. Intensified efforts to build new economic foundations show no sign of abating despite the apparent increase in the international mobility of businesses and employment.

Unpicking the arguments supporting different strategies for promoting local economic development, Controversies in Local Economic...

In the context of the worldwide concern with the sustainability of current forms of development, business managers are being required to engage with environmental policy more creatively than in the past. At the broadest level, business managers are being advised to embrace regulation as a source of competitive advantage rather than viewing it simply as a compliance cost and administrative burden. Irrespective of whether managers accept that "going beyond compliance" is a stimulus for innovation, business managers frequently face a policy environment in which choices need to be made over...