P/B/138. Outline the main competitive advantages that arise from successful clusters and industrial districts.
(2003, 2500 words)
This essay aims to outline the main competitive advantages that arise from successful clusters and industrial districts in the context of MNE (MNC). It consists of the following sections: definition and overview of clusters and industrial districts; their role in increasing competitiveness, their role in determination of the optimal location for MNEs. Reference to the work of M Porter is being made. This essay outlines several strategic competitive advantages the firm could benefit from successful clusters and industrial districts.
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