Cluster-Based Industrial Development

Discover the transformative insights in Cluster-Based Industrial Development by T. Sonobe, published by Palgrave Macmillan in 2011. This comprehensive paperback edition spans 261 pages and delves into strategies for fostering industrial growth in low-income countries. Sonobe expertly analyzes the pivotal role of traders in cluster evolution, the significance of managerial human capital, and the impact of the 'China shock'. Furthermore, the book explores how targeted industrial policies can facilitate international knowledge transfer, ultimately enhancing the development of industrial clusters. Ideal for policymakers, researchers, and anyone interested in economic development, this first edition provides essential knowledge and practical approaches to industrial advancement.