Exploiting Locational Resources in a World of Global Value Chains: Strategic Considerations for Clustered Firms and Cluster Managers

Abstract

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The Value Adding Web Concept of Clusters – Strengthening and Extending the Fundament: Resources, Capabilities and Rents

“…Building on Rohde et al (2018) we suggest that locational resources and inter-organisational resources have "certain interfaces" (p. 19). Specifically, the institutional resources in terms of social, cultural and legal specificities on the locational level embed the interactions between the actors in a cluster.…”

“…For example, a major waterway in a region could be a relevant locational resource of a maritime cluster. In line with Rohde et al (2018), we additionally build on Fensterseifer and Rastoin's (2013) differentiation between systemic and restricted-access resources. All VAW actors may access systemic resources (such as a pool of local workers or a favourable general infrastructure).…”

“…A resource-oriented perspective on clusters has contributed to a better understanding of value creation in regional agglomerations (Tallman et al, 2004;Brown et al, 2007;Hervás-Oliver & Albors-Garrigós, 2007;Fensterseifer, 2009;Steffen, 2012;Fensterseifer & Rastoin, 2013;Gretzinger & Royer, 2014;Neale, 2017;Rohde, 2018;Rohde et al, 2018). However, the resource-based view of clusters is not a unified perspective.…”