CAN CLUSTERS SURVIVE: A CASE STUDY OF THE FLOORING INDUSTRY'S EVOLUTION
There is a dearth of literature on understanding the survival and evolution of mature, industrial clusters. The purpose of this research is to explore the survival of mature clusters, using the Northwest Georgia (USA) flooring manufacturing cluster as a case study example to determine: How do mature...
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Published in | Advances in competitiveness research Vol. 28; no. 3/4; pp. 205 - 226 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Indiana
American Society for Competitiveness
01.01.2020
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Subjects | |
Online Access | Get full text |
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Summary: | There is a dearth of literature on understanding the survival and evolution of mature, industrial clusters. The purpose of this research is to explore the survival of mature clusters, using the Northwest Georgia (USA) flooring manufacturing cluster as a case study example to determine: How do mature clusters revitalize? How can the eventual death of a cluster be avoided or prolonged? Using content analysis of interviews with cluster industry founders and seminal leaders, four main themes for cluster survival emerged: mergers and acquisitions, diversification, and innovation. Both mergers and acquisitions have consolidated the floor covering cluster while product diversification and innovation have grown the size of the cluster by continuing to including new, innovative product offerings in this mature industry. This work contributes to the understanding of cluster life cycles and patterns, particularly in maturity life cycle stages and beyond. Future areas of research include extending the analysis to other clusters, exploring patterns in clusters particularly at maturity and decline, and exploring the existence of recurring patterns in clusters that have survived compared to clusters that did not. |
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ISSN: | 2330-4103 |