Lecture 8 Flashcards

1
Q

What are industrial clusters, and what are their characteristics?

A

Industrial clusters are geographic concentrations of interconnected companies, suppliers, and institutions in a specific field. Characteristics include:
1. Collaboration among specialized suppliers and institutions.
2. Complementarities across industries and institutions.
3. Geographic proximity fosters trust and innovation.
4. Shared infrastructure and skilled labor pools.

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2
Q

What are the benefits of industrial clusters?

A
  1. Improved access to employees and specialized suppliers.
  2. Knowledge spillovers through collaboration and competition.
  3. Enhanced productivity and innovation.
  4. Access to institutions and public goods (e.g., training, research facilities).
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3
Q

How do industrial clusters differ from agile supply chains?

A

Industrial clusters focus on collaboration, innovation, and shared resources, while agile supply chains prioritize responsiveness, flexibility, and speed. Clusters rely on geographic proximity for interaction, while agile supply chains use virtual, network-based collaboration.

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4
Q

What are logistics clusters, and what is their logic?

A

Logistics clusters are geographic concentrations of logistics services such as transportation, warehousing, and 3PL providers. Logic includes:
1. Optimal exploitation of assets for low costs.
2. Proximity to production and consumption hubs.
3. Value-added activities like customization and returns management.

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5
Q

What is the paradox of location in the global economy?

A

Innovation and competitive success are geographically concentrated despite the globalization of markets. Clusters exemplify this paradox by thriving through local synergies and shared resources.

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6
Q

What makes Denmark’s Odense Robotics cluster a success?

A
  1. Regional expertise in robotics and automation.
  2. Collaboration between companies, research institutions, and the government.
  3. Funding from organizations like the Danish Board of Business Development and the EU.
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7
Q

How do logistics clusters support e-commerce?

A
  1. Provide infrastructure for last-mile deliveries and reverse logistics.
  2. Enable quick customization and handling of returns.
  3. Improve efficiency through centralized operations.
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8
Q

What insights did Sheffi (2012) provide on logistics clusters?

A
  • Logistics clusters drive economic growth, job creation, and global supply chain efficiency. They enhance supply chain resilience by offering localized services.
  • Co-location of industries fosters collaboration and specialization.
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9
Q

How do Porter’s clusters promote competition and collaboration?

A
  • Proximity among firms fosters coordination and trust.
  • Complementarities ensure mutual dependency, where success benefits all members.
  • Access to specialized skills and institutions enhances innovation.
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