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Assignment #3 - 10 % of Final Grade - MGMT 6071 - Prof.
Murray E. Morgan
Competitive
Advantage - Clusters
General:
This assignment involves research and
analysis of an emerging area of business involving competitive advantage.
1.
Explain the concept
of clusters in your own words using at least two sources or definitions of
clusters with appropriate referencing. One definition of cluster should be
unrelated to business. Look for examples related to fruit, trees or other
components. The second definition should involve the notion of concepts as
explained by the above presentation and video. Then, add, in your own words,
what you have learned is the rationale behind the creation of clusters? 10 marks
2.
What different
types of organizations are important to form a successful cluster? 5 marks
3.
In your own words,
explain how clusters relate to economic development, innovation and/or job
creation? 10 marks
4.
Provide 3 examples
of successful clusters that we have not discussed in class. Outline the various
participants in each cluster. 5 marks.
5.
Identify five
specific organizations/firms/other that are
or could contribute to an existing or potential cluster for the business
selected for your FITT project. This could be in Canada and/or the country/state/market
you are researching (AUSTRALIA).
10 marks
Logistics
·
Maximum 3 pages double-spaced
·
Paragraph form for 1
and 3. Point form is fine for 2, 4 and 5.
·
All
reference sources must be properly cited (in text, endnotes, footnotes,
bibliography.)
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Description:
Today's economic map of the world is characterized by what Michael Porter calls clusters: geographic concentrations of firms, suppliers, related industries, and specialized institutions that occur in a particular field in a nation, state, or city. This chapter from Porter's book On Competition explores this essential ingredient of economic development and how it can foster new roles for business, government, and institutions as well as new ways to structure relationships among them. This chapter formed the basis of Michael Porter's Harvard Business Review article Clusters and the New Economics of Competition (November/December 1998). |
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Article
Abstract
Title:
From clusters to cluster-based economic development
Author:
Christian H.M. Ketels, Olga Memedovic
Innovation and Clusters
European
Presidency Conference on Innovation and Clusters
22-23 January 2008, Stockholm
22-23 January 2008, Stockholm
Clusters
or Business Clusters
Listed below are several relevant
articles/websites. The Development of
the cluster concept – present experiences and further developments
Michael Porter at Harvard has done
considerable work in this field. An
internet search may surface other explanations.
Christian Ketels and other have based their work on Porter’s ideas.
Here is the link for the 2008 Michael
Porter presentation we reviewed in class
http://www.isc.hbs.edu/pdf/20080122_EuropeanClusterPolicy.pdf
Here is Dr. Porter in
action.
http://www.youtube.com/watch?v=y5I_cnpP99U&feature=results_main&playnext=1&list=PLC9BC99B388D1FFA7
Another video reviewed in class http://www.youtube.com/watch?v=cWKjEO3RI38
By Christian H. M. Ketels http://www.isc.hbs.edu/pdf/Frontiers_of_Cluster_Research_2003.11.23.pdf
http://www.vinnova.se/In-English/misc/Speciella_sidor/Innovation-and-Clusters/
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