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Cluster Theory
Cluster theory is a theory of strategy. Alfred Marshall, in his book ''Principles of Economics'', published in 1890, first characterized clusters as a "concentration of specialized industries in particular localities" that he termed industrial districts. The theory states that concentrating industries in specific regions creates several advantages. For one, greater economic activity occurs when many firms cluster in one area. In turn, this creates agglomeration spillovers which increases the total factor productivity of firms in the same county since they are all competing for the top spot. In most cities/countries economic activity is spatially spread out which can lead to low cost of labor due to low levels of competition. In clusters, areas of high economic activity, labor and land are valued very high as there are superior worker-firm matches in denser labor markets. Clusters produce economies of agglomeration which benefit companies due to the transport cost saving (Glaeser); ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Strategy
Strategy (from Greek στρατηγία ''stratēgia'', "art of troop leader; office of general, command, generalship") is a general plan to achieve one or more long-term or overall goals under conditions of uncertainty. In the sense of the " art of the general", which included several subsets of skills including military tactics, siegecraft, logistics etc., the term came into use in the 6th century C.E. in Eastern Roman terminology, and was translated into Western vernacular languages only in the 18th century. From then until the 20th century, the word "strategy" came to denote "a comprehensive way to try to pursue political ends, including the threat or actual use of force, in a dialectic of wills" in a military conflict, in which both adversaries interact. Strategy is important because the resources available to achieve goals are usually limited. Strategy generally involves setting goals and priorities, determining actions to achieve the goals, and mobilizing resources to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alfred Marshall
Alfred Marshall (26 July 1842 – 13 July 1924) was an English economist, and was one of the most influential economists of his time. His book '' Principles of Economics'' (1890) was the dominant economic textbook in England for many years. It brought the ideas of supply and demand, marginal utility, and costs of production into a coherent whole. He is known as one of the founders of neoclassical economics. Life and career Marshall was born at Bermondsey in London, second son of William Marshall (1812–1901), clerk and cashier at the Bank of England, and Rebecca (1817–1878), daughter of butcher Thomas Oliver, from whom, on her mother's death, she inherited property. William Marshall was a devout strict Evangelical, "author of an Evangelical epic in a sort of Anglo-Saxon language of his own invention which found some favour in its appropriate circles" and of a tract titled ''Men's Rights and Women's Duties''. Marshall had two brothers and two sisters; a cousin was the econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial District
Industrial district concept was initially used by Alfred Marshall to describe some aspects of the industrial organisation of nations. Industrial district (ID) is a place where workers and firms, specialised in a main industry and auxiliary industries, live and work. At the end of the 1990s the industrial districts in developed or developing countries had gained a recognised attention in international debates on industrialisation and policies of regional development. History of the term The term was used the first time by Alfred Marshall in ''The Principles of Economics'' (1890, 1922). and in "Industry and Trade". Marshall talks of a.... ''"thickly peopled industrial district"''. The term was also used in political struggle. The 1917 handbook of the Industrial Workers of the World states:- : "In order that every given industrial district shall have complete industrial solidarity among the workers in all industries as well as among the workers of each an INDUSTRIAL DISTRICT ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Urban Studies
Urban studies is based on the study of the urban development of cities. This includes studying the history of city development from an architectural point of view, to the impact of urban design on community development efforts. The core theoretical and methodological concerns of the urban studies field come from the social science disciplines of history, economics, sociology, geography, political science, anthropology, and the professional fields of urban planning, architecture, landscape architecture, and urban design. Urban studies helps with the understanding of human values, development, and the interactions they have with their physical environment. History The study of cities has changed dramatically from the 1800s over time, with new frames of analysis being applied to the development of urban areas. The first college programs were created to observe how cities were developed based on anthropological research of ghetto communities. In the mid-1900s, urban study programs e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Urban Agglomeration
An urban area, built-up area or urban agglomeration is a human settlement with a high population density and infrastructure of built environment. Urban areas are created through urbanization and are categorized by urban morphology as cities, towns, conurbations or suburbs. In urbanism, the term contrasts to rural areas such as villages and hamlets; in urban sociology or urban anthropology it contrasts with natural environment. The creation of earlier predecessors of urban areas during the urban revolution led to the creation of human civilization with modern urban planning, which along with other human activities such as exploitation of natural resources led to a human impact on the environment. "Agglomeration effects" are in the list of the main consequences of increased rates of firm creation since. This is due to conditions created by a greater level of industrial activity in a given region. However, a favorable environment for human capital development would also be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California Wine
California wine production has a rich viticulture history since 1680 when Spanish Jesuit missionaries planted ''Vitis vinifera'' vines native to the Mediterranean region in their established missions to produce wine for religious services. In the 1770s, Spanish missionaries continued the practice under the direction of the Father Junípero Serra who planted California's first vineyard at Mission San Juan Capistrano. Its contemporary wine production grew steadily since the end of Prohibition, but mostly known for its sweet, port-style and jug wine products. As the market favored French brands, California's table wine business grew modestly, Taber (2005), p40 but quickly gained international prominence at the Paris Wine Tasting of 1976, when renown French oenophiles, in a blind tasting, ranked the California wines higher than the primer French labels in the Chardonnay (white) and Cabernet Sauvignon (red) categories. Taber (2005), pp216–220 The result caused a � ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netherlands
) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherlands , established_title2 = Act of Abjuration , established_date2 = 26 July 1581 , established_title3 = Peace of Münster , established_date3 = 30 January 1648 , established_title4 = Kingdom established , established_date4 = 16 March 1815 , established_title5 = Liberation Day (Netherlands), Liberation Day , established_date5 = 5 May 1945 , established_title6 = Charter for the Kingdom of the Netherlands, Kingdom Charter , established_date6 = 15 December 1954 , established_title7 = Dissolution of the Netherlands Antilles, Caribbean reorganisation , established_date7 = 10 October 2010 , official_languages = Dutch language, Dutch , languages_type = Regional languages , languages_sub = yes , languages = , languages2_type = Reco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County and Santa Clara County. San Jose is Silicon Valley's largest city, the third-largest in California, and the tenth-largest in the United States; other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, and Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution, and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States. Silicon Valley is home to many of the world's largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Positive Feedback
Positive feedback (exacerbating feedback, self-reinforcing feedback) is a process that occurs in a feedback loop which exacerbates the effects of a small disturbance. That is, the effects of a perturbation on a system include an increase in the magnitude of the perturbation. That is, ''A produces more of B which in turn produces more of A''.Keesing, R.M. (1981). Cultural anthropology: A contemporary perspective (2nd ed.) p.149. Sydney: Holt, Rinehard & Winston, Inc. In contrast, a system in which the results of a change act to reduce or counteract it has negative feedback. Both concepts play an important role in science and engineering, including biology, chemistry, and cybernetics. Mathematically, positive feedback is defined as a positive loop gain around a closed loop of cause and effect. That is, positive feedback is in phase with the input, in the sense that it adds to make the input larger. Positive feedback tends to cause system instability. When the loop gain is p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aerial View Of Silicon Valley
Aerial may refer to: Music * ''Aerial'' (album), by Kate Bush * ''Aerials'' (song), from the album ''Toxicity'' by System of a Down Bands * Aerial (Canadian band) *Aerial (Scottish band) *Aerial (Swedish band) Performance art *Aerial silk, apparatus used in aerial acrobatics * Aerialist, an acrobat who performs in the air Recreation and sport *Aerial (dance move) * Aerial (skateboarding) *Aerial adventure park, ropes course with a recreational purpose * Aerial cartwheel (or side aerial), gymnastics move performed in acro dance and various martial arts *Aerial skiing, discipline of freestyle skiing * Front aerial, gymnastics move performed in acro dance Technology Antennas * Aerial (radio), a radio ''antenna'' or transducer that transmits or receives electromagnetic waves ** Aerial (television), an over-the-air television reception antenna Mechanical * Aerial fire apparatus, for firefighting and rescue * Aerial work platform, for positioning workers Optical * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Cluster
A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally. Accounting is a part of the business cluster. In urban studies, the term agglomeration is used.Porter, M. E. 1998, Clusters and the new economics of competition, Harvard Business Review, Nov/Dec98, Vol. 76 Issue 6, p77, Clusters are also important aspects of strategic management. Concept The term business cluster, also known as an industry cluster, competitive cluster, or Porterian cluster, was introduced and popularized by Michael Porter in ''The Competitive Advantage of Nations'' (1990). The importance of economic geography, or more correctly geographical economics, was also brought to attention by Paul Krugman in ''Geography and Trade'' (1991). Cluster development has since become a focus for many government programs. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
