MIT11_481Js09_lec10 - MIT OpenCourseWare

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Unformatted text preview: MIT OpenCourseWare 11.481J / 1.284J / ESD.192J Analyzing and Accounting for Regional Economic Growth Spring 2009 For information about citing these materials or our Terms of Use, visit: . MIT 11.481J, 1.284J, ESD.192J Karen R. Polenske NG A. Definitions : Cluster of Firms: A cluster is a geographically proximate group of interconnected companies and associated institutions in a particular field, linked by commonalities and complementarities. The geographic scope of a cluster can range from a single city or state to a country or even a network of neighboring countries (Porter, 1998, p. 199) Michael E. Porter. 1998. On Competition. Cambridge, MA: A Harvard Business School Review Book. Chain (supply or commodity): A network of labor and production processes whose end result is a finished commodity (Hopkins and Wallerstein, 1986, p. 159). A global commodity chain consists of interorganizational networks clustered around one commodity or product, linking households, enterprises, and states to one another within the world economy (Gereffi, Korzeniewicz, and Korzeniewicz, 1994, p. 2). Terrence K. Hopkins and Immanuel Wallerstein. 1986. Commodity Chains in the World- Economy Prior to 1800. Review , Vol. 10, No. 1, pp. 157-170. Gary, Gereffi, Miquel Korzeniewicz, and Roberto P. Korzeniewicz. 1994. Introduction: Global Commodity Chains. In Commodity Chains and Global Capitalism , edited by Gary Gereffi and Miguel Korzeniewicz, pp. 1-14. Supply chain versus value-added chain. Both of these concepts are juxtaposed in some articles, but they are not equivalent. Supply Chain: On the one hand, the concept of supply chain is often associated with infrastructure and their connections (e.g., rail, truck, and air routes, storage facilities, and final distribution centers), thus the logistics of getting goods from the producer to the...
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This note was uploaded on 12/06/2011 for the course ESD 11.481j taught by Professor Karenr.polenske during the Spring '09 term at MIT.

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MIT11_481Js09_lec10 - MIT OpenCourseWare

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