Hot spots and blind spots: geographical clusters of firms and innovation

Article Abstract:

Hot spots are fast-growing geographic clusters of competing firms. Drawing on several literature streams, we develop an evolutionary model that contrasts hot spot and non-hot spot competitors within the same industry. Initially, economies of agglomeration, institutional forces, and managers' mental models create an innovative environment within the hot spot. Over time, those same forces create a homogenous macroculture that suppresses innovation, making hot spot competitors more susceptible than non-hot spot competitors to environmental jolts. (Reprinted by permission of the publisher.)

Research, Business, Innovations, Competition (Economics), Industrial districts

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Managing and partnering with external stakeholders

Article Abstract:

A new view concerning external stakeholders is emerging with the decreasing support for traditional management hierarchy, the growing practice of subcontracting and the increasing management emphasis on boundarylessness. Thus, instead of the conventional stakeholder management, a growing number of management teams is embracing new partnering strategies to achieve common goals. Successful partnerships with stakeholders offer more product success rates, increased manufacturing efficiency and reduced levels of negative publicity and unfavorable litigation, among others.

Partnership, Partnerships, Customer relations, Distributors (Commerce)

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Change drivers in the new millenium: implications for manufacturing strategy research

Article Abstract:

The key trends driving change in the global manufacturing industry are discussed and their implications for manufacturing strategy researchers are analysed.

Operations research, Management science, Analysis, Manufacturing industry, Manufacturing industries

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