Building Institutions in Industrial Clusters : The Development of the M-Team in Taiwan's Machine Tool Industry
Date Issued
2015
Date
2015
Author(s)
Chen, Heng-Wen
Abstract
By using the development of M-team in Taiwan’s machine tool industry as the example, this study discusses the institution-building processes of an industrial cluster. By taking advantage of its specific characteristics, including industrial and technological environment, geographical proximity, social capital and the actors’ mobility, we found that some actors in Taiwan’s machine tool cluster managed to form an institutionalized cooperation and learning organization, i.e. the M-team, to tackle the cluster’s diseconomies. This study also analyses the key factors contributing to the formation of the M-team, and argues that it is the economic rationality and regional identity that motivated the cluster actors to initiate cooperation. As opposed to the single-core system, the multi-core systems like M-team could generate greater advantages for cluster actors in terms of learning and knowledge spillovers, integration of production and value chains, accumulation of social capital.
Subjects
industrial clusters
building institution
cross-system governance
machine tool industry
SDGs
Type
thesis
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ntu-104-R01544020-1.pdf
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