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Single Firms and Competitive Advantage: Context Analysis Identifying the Embeddedness of a Winery in the Hunter Valley

Brown, Kerry A., Burgess, John , Festing, Marion , Royer, Susanne, Steffen, Charlotte , & Waterhouse, Jennifer M. (2008) Single Firms and Competitive Advantage: Context Analysis Identifying the Embeddedness of a Winery in the Hunter Valley. In Festing, Marion & Royer, Susanne (Eds.) Current Issues in International Human Resource Management and Strategy Research. Hampp Verlag, Munchen, pp. 157-178.

Abstract

In recent years the term cluster has been widely used among researchers, practitioners and politicians. Clusters are found in various countries, e.g., watch clusters in Switzerland, automotive clusters in Germany as well as wine clusters in Australia. The current debate focusing on the benefits of globalisation contrasted with the importance of localisation through regions and business clusters is reflected in the media coverage of the topic (e.g., Economist, December 1, 2007). The presence of local clusters and the simultaneous development of a 'globalised' world where distances are no longer an obstacle to inter-organisational relations due to information and communication technology and the opportunities to reach every part of the world in a relatively short time is seen as a paradox (e.g., Porter, 1998, 2000). In theory, in global competition the role of the location should matter less. However, with regard to the relevance of clusters the opposite can be observed. Cluster development in recent years has increasingly become a relevant arena of public policy through attention to regional economic development initiatives. It is argued that attracting firms to clusters has positive effects for a whole region regarding the creation of jobs, higher purchasing power and other benefits of increased economic activity.

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ID Code: 15163
Item Type: Book Chapter
Additional Information: For more information about this book please refer to the publisher's website (see link) or contact the author.
Additional URLs:
Keywords: Small Firms, SMEs, Competitive Advantage, Clusters
ISBN: 9783866182394
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Small Business Management (150314)
Divisions: Current > Research Centres > Australian Centre for Business Research
Current > QUT Faculties and Divisions > QUT Business School
Copyright Owner: Copyright 2008 Hampp Verlag
Deposited On: 15 Oct 2008
Last Modified: 29 Feb 2012 23:42

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