Cluster-based industrialization in China: Financing and performance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Cluster-based industrialization in China: Financing and performance write by Cheryl Long, Xiaobo Zhang. This book was released on . Cluster-based industrialization in China: Financing and performance available in PDF, EPUB and Kindle.
Cluster-based Industrialization in China
Cluster-based Industrialization in China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Cluster-based Industrialization in China write by Cheryl Xiaoning Long. This book was released on 2009. Cluster-based Industrialization in China available in PDF, EPUB and Kindle. Using firm-level data from China's two recent censuses (Industry Census 1995 and Economic Census 2004) and a new measure of clustering (industry proximity), we show that China's rapid industrialization is marked by increased clustering. A higher degree of clustering is further shown to be associated with greater export growth and higher total factor productivity. We also find supporting evidence that clustering helps ease the credit constraints facing many small and medium enterprises through two mechanisms: (1) within a cluster, finer division of labor lowers the capital barriers to entry and (2) closer proximity makes the provision of trade credit among firms easier. Since both mechanisms reduce the need for external financing, a larger number of firms--and thus greater competition--emerge within clusters, which helps explain the higher levels of exports and total factor productivity. This cluster-based industrialization model fit particularly well with China's comparative advantage during its initial stage of takeoff, which was marked by scarcity of capital and an inefficient financial system. Hence our findings may be helpful to other developing countries with similar factor endowment patterns that are considering cluster-based development strategies.
Cluster-Based Industrial Development
Cluster-Based Industrial Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Cluster-Based Industrial Development write by T. Sonobe. This book was released on 2010-11-09. Cluster-Based Industrial Development available in PDF, EPUB and Kindle. This book examines how to promote industrial development in low-income countries. It considers the role of traders in the evolution of a cluster, the role of managerial human capital, the effect of the 'China shock', and the role of industrial policies focused on international knowledge transfer in supporting the upgrading of clusters.
50 Years Of Transportation In Singapore: Achievements And Challenges
50 Years Of Transportation In Singapore: Achievements And Challenges - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook 50 Years Of Transportation In Singapore: Achievements And Challenges write by Tien Fang Fwa. This book was released on 2016-07-22. 50 Years Of Transportation In Singapore: Achievements And Challenges available in PDF, EPUB and Kindle. This unique volume presents the achievements of the land, sea and air transport industry of Singapore in the last 50 years after Singapore gained its independence in 1965. It provides a comprehensive overview of Singapore's progress in transportation from a typical third world system in the 1960s to one that is currently in the top league globally in all aspects of passenger and freight transportation. Singapore's successes in land transport planning, urban traffic management, and public transport systems provide valuable experience for major cities worldwide. The emergence of the Singapore Port as the most efficient container port in the world is another success story that inspires both established and up-and-coming port operators alike. The ambitious goal of Singapore to develop itself into a maritime knowledge hub of the future is a bold and exciting undertaking catching worldwide attention. In air transport, Singapore is well known for its efficiency as a major regional hub.This book examines in detail the important milestones and background developments that have led to the highly advanced state of transportation systems in the land, sea and air transport of Singapore today. Each chapter is written by professionals who are themselves part of the success stories presented. The chapter authors are specially invited to provide a professional account of the topics of their expertise. The authors have been able to draw on extensive amounts of published and unpublished documents and reports to present a comprehensive picture for the subject of interest in each chapter. As a whole, the book offers a hollistic and informative professional reference book on the major happenings and achievements of Singapore in the transportation sector.
Local Clusters in Global Value Chains
Local Clusters in Global Value Chains - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Local Clusters in Global Value Chains write by Valentina De Marchi. This book was released on 2017-07-28. Local Clusters in Global Value Chains available in PDF, EPUB and Kindle. The international fragmentation of economic activities – from research and design to production and marketing – described through the lens of the global value chain (GVC) approach impacts the structure and performance of small and medium-sized enterprises (SMEs) agglomerated in economic clusters. The consolidation of GVCs ruled by global lead firms and the recession of 2008-09 exacerbated the pressures on cluster actors that based their competitive advantage on local systems, spurring an increasing heterogeneity, both across and within clusters, that is still overlooked in the literature. Drawing on detailed studies of different industries and countries, Local Clusters in Global Value Chains shows the co-evolutionary trajectories of clusters and GVCs, and the role of firms and their strategies in organizing manufacturing and innovation activities in the context of ongoing technological shifts. The book explores the tension between place-based variables and global drivers of change, and the possibility for territories containing such clusters to prosper in the new global scenario. By adopting insights from the GVC framework and management studies, the book discusses how the internationalization strategies of firms create opportunities as well as constraints for adaptive upgrading in clusters. This book is of interest to both researchers and policy-makers who are interested in the dynamic sources of competitive advantage in the global economy.
