The need to construct an effective strategy for industrial development in low-income countries has been largely ignored by development economists because industrial policies have failed in many developing countries. This does not imply, however, that industrial development cannot be promoted. This paper attempts to synthesize the conventional wisdom in development economics with recent advancements in various fields of economics (such as theories of endogenous growth and agglomeration economies) to provide a useful framework to design a strategy for industrial development, which consists of investments in managerial human capital followed by the provision of credit and the construction of industrial zones.

This book attempts to provide an effective strategy for industrial development based on the KAIZEN management training experiments conducted in Ghana, Kenya, Ethiopia, Vietnam, and Tanzania. We focus on micro and small enterprises (MSEs) in industrial clusters, because clusters consisting of MSEs are ubiquitous and have high potential to grow.

SME's make up the bulk of enterprises in developing countries and make a significant contribution to employment and economic growth. This paper takes stock of best practices in industrial clustering and SME promotion in Commonwealth developing countries. It provides examples of cluster formation, policies to stimulate cluster development and guidelines for business development services for SME's.

This book examines how to promote industrial development in low-income countries. It considers the role of traders in the evolution of a cluster, the role of managerial human capital, the effect of the 'China shock', and the role of industrial policies focused on international knowledge transfer in supporting the upgrading of clusters.

This book consists of chapters that review concepts and theories to empirical evidences and case studies of cluster development in five Asian countries – Japan, Malaysia, Indonesia, Thailand and Vietnam. It explores the dynamic of clustering in linking its potential and challenges to economic development, policy making, innovation and social networking in various cluster development projects in different localities and regions. For many years clusters have been touted to have significant economic and strategic advantages to develop potential and successful industrial regions. This book offers a better understanding of rural challenges in cluster development in different localities of Asian countries, which would help in generating new ideas and suggestions in making appropriate recognition to rural agendas in the era of globalization. It is suitable as a reference for university and college students in related fields, as well as for researchers, planners, administrators and the society at large.

Garofoli and Scott have gathered together a series of outstanding essays by academics and policy experts from around the world to show how the theory of local economic development (as formulated in more economically advanced countries) has major significance for countries in the world periphery.These essays present a general conceptual discussion o

Critically evaluates the prospects of achieving growth and competitiveness for small scale industry in developing countries through industrial districts.

This book attempts to provide an effective strategy for industrial development based on the KAIZEN management training experiments conducted in Ghana, Kenya, Ethiopia, Vietnam, and Tanzania. We focus on micro and small enterprises (MSEs) in industrial clusters, because clusters consisting of MSEs are ubiquitous and have high potential to grow.

SME's are acknowledged as effective sources of jobs and incomes, gaining an important position in the development agenda, subsequently 'cluster' policies were conceived as a framework to augment the effects of SMEs and to optimize resources used to support them. Based on case studies from Brazil, Vietnam, Indonesia and India, this volume examines SME clusters and argues that unless they counteract common problems such as very low wages, poor working conditions, poor quality products and lack or environmental regulation, they will be pushed out of the market and so become unsustainable. This book suggests that the SME clusters currently being stretched should react by 'socially upgrading' in order to improve their innovation capacity, as well as social, environmental and labour standards. It puts forward conceptual frameworks which explain the way firms can upgrade: through markets, interaction among cluster members, through Corporate Social Responsibility and other such public policy, and through the better enforcement of regulation.