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The Added Value of the Industry Cluster Approach to Economic Analysis, Strategy Development, and Service Delivery

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  • Mary Jo Waits

    (Arizona State University)

Abstract

Economic development always has been a moving target. Not surprisingly, there is growing evidence that the shape of economic policy and practice is changing significantly in many American states on the eve of the 21st century. This new approach has public officials addressing new issues, using new tools, and beginning to experience new types of results. It is called cluster-based economic analysis and strategy development. This article reviews key literature and events that point to a new phase emerging in state economic development. Then, using Arizona as a case study, it presents practical evidence of the benefits from this new approach. For example, Arizona uses clusters as a tool for better understanding the economy, getting key industry stakeholders together to address common problems, and providing high-value specialized services to key industries.

Suggested Citation

  • Mary Jo Waits, 2000. "The Added Value of the Industry Cluster Approach to Economic Analysis, Strategy Development, and Service Delivery," Economic Development Quarterly, , vol. 14(1), pages 35-50, February.
    • Handle: RePEc:sae:ecdequ:v:14:y:2000:i:1:p:35-50
    DOI: 10.1177/089124240001400106
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    1. repec:rri:wpaper:200605 is not listed on IDEAS
    2. Kumar, Indraneel & Zhalnin, Andrey & Kim, Ayoung & Beaulieu, Lionel J., 2017. "Transportation and logistics cluster competitive advantages in the U.S. regions: A cross-sectional and spatio-temporal analysis," Research in Transportation Economics, Elsevier, vol. 61(C), pages 25-36.
    3. Marat R. Safiullin* & Zufar F. Gayazov, 2018. "Assessment of Public Catering Development Key Factors in Russian Federation Regions," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 58-64:5.
    4. Chang, Chia-Lin & Oxley, Les, 2009. "Industrial agglomeration, geographic innovation and total factor productivity: The case of Taiwan," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 79(9), pages 2787-2796.
    5. Harold Wolman, 2014. "Economic competitiveness, clusters, and cluster-based development," Chapters, in: Pengfei Ni & Zheng Qiongjie (ed.), Urban Competitiveness and Innovation, chapter 14, pages 229-251, Edward Elgar Publishing.
    6. Gashawbeza Bekele & Randall Jackson, 2006. "Theoretical Perspectives on Industry Clusters," Working Papers Working Paper 2006-05, Regional Research Institute, West Virginia University.
    7. Maryann P. Feldman & Iryna Lendel, 2010. "Under the Lens: The Geography of Optical Science as an Emerging Industry," Economic Geography, Clark University, vol. 86(2), pages 147-171, April.
    8. Hsin-Pin Fu & Hsiaoping Yeh & Rong-Ling Ma, 2018. "A study of the CSFs of an e-cluster platform adoption for microenterprises," Information Technology and Management, Springer, vol. 19(4), pages 231-243, December.
    9. Ren Lu & Ruikan Zhang & Torger Reve, 2013. "Relations among Clusters in Six Chinese City Regions," European Planning Studies, Taylor & Francis Journals, vol. 21(8), pages 1189-1209, August.
    10. Chandra Kuniyal & Vinod Bisht & Jagmohan Negi & Vijay Bhatt & Dhan Bisht & Jitendra Butola & Rakesh Sundriyal & Satish Singh, 2015. "Progress and prospect in the integrated development of medicinal and aromatic plants (MAPs) sector in Uttarakhand, Western Himalaya," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 17(5), pages 1141-1162, October.
    11. Tobechi F. Agbanike & Augustine C. Osigwe & Denis N. Yuni & Thank-God C. Onoja & Sunday A. Okwor, 2019. "Cluster Development in a Transforming Economy: The Case of Motorcycle Spare Parts Firms in Nnewi, Anambra State of Nigeria," Economy, Asian Online Journal Publishing Group, vol. 6(1), pages 13-24.

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