The Aerospace Cluster in Washington State
The Aerospace Cluster in Washington State
Microeconomics of Competitiveness Study Case
Author(s): Alana McKenzie, Raluca Nica, Andra Roman, Ioana PetreaSubject(s): Philosophy, Economy, Socio-Economic Research
Published by: EDITURA ASE
Keywords: cluster; aerospace industry; Washington; competitiveness;
Summary/Abstract: The paper analyzes the development of the Washington cluster in the aeronauticsindustry and the factors that contributed to this continuous and substantial growth. In thefirst section of the text it is described the profile of the country as well as the region andthe city, in order to understand the exogenous factors that made possible the enrichmentof the aerospace cluster in that particular area. Moving further with the analysis, the paperidentifies the main competition from rival clusters, emphasizing the strengths of eachrival cluster in comparison with the aeronautics cluster from Washington. A cluster mapis provided later in the study, for explaining the intertwined relation between manysupporting industries that help sustain the aerospace cluster. Additionally, the textexplores the performance of the cluster and the overall competitiveness in the businessenvironment. In the end, the paper seeks to answer the question: What are the key issuesthat the cluster is facing?
Journal: CCREI Working Papers Series
- Issue Year: 1/2017
- Issue No: 7
- Page Range: 1-24
- Page Count: 24
- Language: English