1. Cluster Theory & Competition
... industries as vertical support and horizontal support. Vertical support refers to the presence of internationally competitive supplier industries ensuring both cost-effective and speedy delivery of components. On the other hand, Horizontal support refers to related industries and institutions with whom research and other activities are shared (such as universities). When local supporting industries are ... what clusters really are, and in what way they differ from related phenomenon, such as industrial districts, technopoles, networks, and industry-research collaborations." Held (1996, p...
- Word Count: 4507
- Approx Pages: 18
- Has Bibliography
- Grade Level: Undergraduate