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Socioeconomy of innovation and entrepreneurship in a cluster of SMEs in emerging economies

Bibliographic Data

ID23213787
AuthorsFaheem Islam (Lahore University of Management Sciences, corresponding author)
Year2010
Volume20
Issue3
Pages267-278
Publication date2010-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueCompetitiveness Review: An International Business Journal (JOURNAL)
Journal identifiersISSN: 1059-5422 • E-ISSN: 1059-5422
PublisherEmerald (PUBLISHER)
DOI10.1108/10595421011047451
OpenAlexW1974966903
LanguageEN
References cited15

Purpose The purpose of this paper is to profile the socio‐economy of an internationally competitive textile industry cluster of small and medium‐sized enterprises in the Faisalabad region of Pakistan and present how the agglomeration has helped the small enterprises to overcome growth constraints and supported them to compete nationally and abroad. Design/methodology/approach The paper is based on secondary data, semi‐structured interviews, and questionnaire survey including 267 enterprises. Top managers of small, medium, and large sized enterprises answered the questions. Mixed methods of inquiry and concurrent triangulation approach is used to corroborate and analyze the data. Findings The paper presents how the agglomeration has allowed the constituent small and medium sized firms to benefit from various forms of market and nonmarket spillovers, which, in turn, has raised local endogenous innovation and productivity growth. Originality/value The paper presents significant new insights for policy makers, practitioners, educators, and researchers into the socio‐economy of agglomerated small and medium sized firms in the context of an emerging economy.

Business · Context (archaeology) · Creativity · Economic geography · Economic growth · Economics · Economies of agglomeration · Emerging markets · Entrepreneurship · Industrial organization · Market economy · Nonmarket forces · Originality · Productivity · Small and medium-sized enterprises · Value (mathematics) · Cultural Industries and Urban Development · Marketing · Migration, Ethnicity, and Economy · Regional Economics and Spatial Analysis

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Citation velocityhistorical
Highly citedNo

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