NDLI: Building effective clusters and industrial parks

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Building effective clusters and industrial parks

Content Provider	Consultative Group on International Agricultural Research (CGIAR)
Author	Zhang, Xiaobo
Organization	IFPRI - Development Strategy and Governance Division
Spatial Coverage	China [CN]
Description	It is a daunting task to build institution and infrastructure over a short time period in developing countries. But in the absence of sound institutions and adequate infrastructure, it is difficult for economic transformation to take place. An alternative is to facilitate existing industrial clusters or build industrial parks by creating an enabling environment in a limited place. This paper reviews the commonly used strategies to build effective clusters and industrial parks. Clusters and industrial parks are location specific. Because they have an informational advantage, local governments are in a better position than the central government to identify and solve the bottlenecks that affect clusters and industrial parks. As clusters and industrial parks evolve, new bottlenecks emerge, thereby requiring new solutions. This in turns calls for continuous tinkering by local governments. It is important to place local governments and business communities in the driver’s seat of local economic growth so that they can watch out for and adjust to the bumps in the road ahead.
Related Links	https://cgspace.cgiar.org/items/913bb1e0-95dc-48cf-99d6-7c0f2e7c9be2
File Format	PDF
Language	English
Publisher	International Food Policy Research Institute
Publisher Date	2016-12-22
Publisher Place	Washington, DC
Access Restriction	Open
Rights License	CC-BY-4.0
Subject Keyword	Policies, Institutions, and Markets Cluster Sampling Economic Development Industrial Development Economic Policies Industrialization
Content Type	Text
Resource Type	Article
Subject	Agronomy and Crop Science Food Science Plant Science

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