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Neo-Marshallian Nodes, Global Networks and Firm Competitiveness: The Media Cluster of Central London

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  • David Keeble
  • Lilach Nachum

Abstract

The recent emphasis by some business scholars on processes taking place within locally-embedded production systems seems to undervalue the dynamics of global competition and the role played by TNCs in mobilising tangible and intangible assets across localised clusters. Using the external linkages of firms as the theoretical framework, this paper examines the interplay between global and local influences on the competitiveness of the cluster of media firms in Central London. The main findings are that the locality indeed plays a vital role in influencing the capabilities of these firms, but it is by no means the only relevant geographic area. This localised cluster is bound tightly into world-wide webs of interdependence, with TNCs playing a major role in mediating between local and global linkages. The latter are vital for the ability of the firms studied to compete successfully in international markets.

Suggested Citation

  • David Keeble & Lilach Nachum, 1999. "Neo-Marshallian Nodes, Global Networks and Firm Competitiveness: The Media Cluster of Central London," Working Papers wp138, Centre for Business Research, University of Cambridge.
    • Handle: RePEc:cbr:cbrwps:wp138
    Note: PRO-1
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    File URL: https://www.jbs.cam.ac.uk/cbrwp138/
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    Cited by:

    1. Gernot Grabher, 2002. "The Project Ecology of Advertising: Tasks, Talents and Teams," Regional Studies, Taylor & Francis Journals, vol. 36(3), pages 245-262.
    2. Martin Wrobel, 2009. "Das Konzept regionaler Cluster: zwischen Schein und Sein?," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 29(1), pages 85-103, February.
    3. Reades, Jonathan & Smith, Duncan, 2014. "Mapping the ‘space of flows’: the geography of global business telecommunications and employment specialization in the London mega-city-region," LSE Research Online Documents on Economics 55812, London School of Economics and Political Science, LSE Library.
    4. Ivo Mossig, 2006. "Global Networks of the Motion Picture Industry in Los Angeles/Hollywood using the Example of their Connections to the German Market," European Planning Studies, Taylor & Francis Journals, vol. 16(1), pages 43-59, August.
    5. Gernot Grabher, 2001. "Ecologies of Creativity: The Village, the Group, and the Heterarchic Organisation of the British Advertising Industry," Environment and Planning A, , vol. 33(2), pages 351-374, February.
    6. James R. Faulconbridge, 2007. "London's and New York's Advertising and Law Clusters and their Networks of Learning: Relational Analyses with a Politics of Scale?," Urban Studies, Urban Studies Journal Limited, vol. 44(9), pages 1635-1656, August.
    7. Thomas Brenner & André Mühlig, 2007. "Factors and Mechanisms Causing the Emergence of Local Industrial Clusters - A Meta-Study of 159 Cases," Papers on Economics and Evolution 2007-23, Philipps University Marburg, Department of Geography.
    8. Ash Amin & Patrick Cohendet, 2005. "Geographies of Knowledge Formation in Firms," Industry and Innovation, Taylor & Francis Journals, vol. 12(4), pages 465-486.

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