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Local Enterprises in the Global Economy: Issues of Governance and Upgrading

Local Enterprises in the Global Economy: Issues of Governance and Upgrading

ISBN: 1843760991

Book DescriptionThis book opens a fresh chapter in the debate on local enterprise clusters and their strategies for upgrading in the global economy. The authors employ a novel conceptual framework in their research on industrial clusters in Europe, LatinAmerica and Asia and provide new perspectives and insights for researchers and policymakers alike. The debate on local upgrading capacity is torn between two lines of thinking: those who believe that local relationships between enterprises and institutions are key to upgrading, and those who argue that the spaces for upgrading are defined by the sourcing strategies of global buyers. From this debate a number of important questions arise: how feasible is it to develop local upgrading strategies? Can local policy networks make a difference, or do global forces undermine them? Do global quality and labor standards marginalize developing country producers or do they help them to upgrade? To answer these questions, the book brings...
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