Building effective clusters and industrial parks

It is a daunting task to build institution and infrastructure over a short time period in developing countries. But in the absence of sound institutions and adequate infrastructure, it is difficult for economic transformation to take place. An alternative is to facilitate existing industrial cluster...

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Detalles Bibliográficos
Autor principal: Zhang, Xiaobo
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2016
Materias:
Acceso en línea:https://hdl.handle.net/10568/146405
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author Zhang, Xiaobo
author_browse Zhang, Xiaobo
author_facet Zhang, Xiaobo
author_sort Zhang, Xiaobo
collection Repository of Agricultural Research Outputs (CGSpace)
description It is a daunting task to build institution and infrastructure over a short time period in developing countries. But in the absence of sound institutions and adequate infrastructure, it is difficult for economic transformation to take place. An alternative is to facilitate existing industrial clusters or build industrial parks by creating an enabling environment in a limited place. This paper reviews the commonly used strategies to build effective clusters and industrial parks. Clusters and industrial parks are location specific. Because they have an informational advantage, local governments are in a better position than the central government to identify and solve the bottlenecks that affect clusters and industrial parks. As clusters and industrial parks evolve, new bottlenecks emerge, thereby requiring new solutions. This in turns calls for continuous tinkering by local governments. It is important to place local governments and business communities in the driver’s seat of local economic growth so that they can watch out for and adjust to the bumps in the road ahead.
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spelling CGSpace1464052025-11-06T06:45:49Z Building effective clusters and industrial parks Zhang, Xiaobo cluster sampling economic development industrial development economic policies industrialization It is a daunting task to build institution and infrastructure over a short time period in developing countries. But in the absence of sound institutions and adequate infrastructure, it is difficult for economic transformation to take place. An alternative is to facilitate existing industrial clusters or build industrial parks by creating an enabling environment in a limited place. This paper reviews the commonly used strategies to build effective clusters and industrial parks. Clusters and industrial parks are location specific. Because they have an informational advantage, local governments are in a better position than the central government to identify and solve the bottlenecks that affect clusters and industrial parks. As clusters and industrial parks evolve, new bottlenecks emerge, thereby requiring new solutions. This in turns calls for continuous tinkering by local governments. It is important to place local governments and business communities in the driver’s seat of local economic growth so that they can watch out for and adjust to the bumps in the road ahead. 2016-12-22 2024-06-21T09:06:57Z 2024-06-21T09:06:57Z Working Paper https://hdl.handle.net/10568/146405 en https://hdl.handle.net/10568/147730 https://hdl.handle.net/10568/150881 https://doi.org/10.1093/jleo/ewab008 Open Access application/pdf International Food Policy Research Institute Zhang, Xiaobo. 2016. Building effective clusters and industrial parks. IFPRI Discussion Paper 1590. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/146405
spellingShingle cluster sampling
economic development
industrial development
economic policies
industrialization
Zhang, Xiaobo
Building effective clusters and industrial parks
title Building effective clusters and industrial parks
title_full Building effective clusters and industrial parks
title_fullStr Building effective clusters and industrial parks
title_full_unstemmed Building effective clusters and industrial parks
title_short Building effective clusters and industrial parks
title_sort building effective clusters and industrial parks
topic cluster sampling
economic development
industrial development
economic policies
industrialization
url https://hdl.handle.net/10568/146405
work_keys_str_mv AT zhangxiaobo buildingeffectiveclustersandindustrialparks