Industrial agglomeration facing the ongoing economic crisis: some aspects
Industrial agglomeration facing the ongoing economic crisis: some aspects

Summary/Abstract: Spatial firm’s agglomeration didn’t seem to explain competitive advantages of localisations. Globalisation and the recent economic crisis underline the linkages between cyclical and structural shocks strengthening the idea of no stable knowledge economies being exposed to technological changes and new market selections. This heterogeneity would suggest to analyze the different type of factors involved, both tangible (capital and labour) and the intangible ones (information, ideas and financial flows), as well as the mix of other microeconomics (risk propensity) and macroeconomic elements (governance capacity of the territory and production processes). A new competitiveness model of SME’s will have to move towards new forms of inter-industrial relations maybe closer to the characteristics of the supply chain rather than an industrial district. This is in order to preserve local areas from demand and supply shocks. So, a new paradigm in a new “mentality” could be the access key which will carry forward us towards a new global vision of the organization of production at the local level.

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