Industrial Cluster: Path Selection for Liaoning's Economic Growth - Contemporary China Young and Middle-aged Management Scholars Series

Author: Tang Xiaohua
Publisher:
Publish Date: 2006-05-01
Features: The formation of clusters is the result of the joint action of multiple factors, including policy factors affecting enterprise market entry, effective skills, sound infrastructure, suitable regional social networks, and good institutional arrangements, all of which play different roles in the formation and development of industrial clusters. The formation of enterprise clusters, market clusters, and factor clusters is not an overnight process but a complex systematic evolution. At different stages of development, the role and intensity of various factors may vary. Under certain temporal and spatial conditions, when these elements inadvertently "accidentally" converge on a specific region and industry, or when a specific region and industry effectively gather and integrate those resources within its internal production, exchange, and other division of labor and cooperation systems, industrial clusters will emerge as a result.