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Vol. 6 Num. 1 - GCG: Revista de Globalización, Competitividad y ...

Vol. 6 Num. 1 - GCG: Revista de Globalización, Competitividad y ...

Vol. 6 Num. 1 - GCG: Revista de Globalización, Competitividad y ...

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Entrepreneurial Clusters in China and Mexico –implications for Competitiveness58Figure 1: Common elements in the <strong>de</strong>finitions of business clustersSource: Own creation.Nevertheless, before any analysis of clusters we need to have a general <strong>de</strong>finition of a businesscluster. In general, a business cluster, also known as an industrial cluster is a grouprepresenting the geographic concentration of interconnected businesses in an industry thatshares inputs related to production, a specialized workforce, distribution and communicationchannels, and partnership networks. These can be characterized as production networksof strongly inter<strong>de</strong>pen<strong>de</strong>nt firms (including specialized suppliers), agencies of knowledgeproduction (universities, research institutes, engineering firms), intermediary institutions(brokers, consultants), and also distribution channels and consumers, linked to one anotherin an ad<strong>de</strong>d value chain in the production process (see these interrelations in Figure 2).Figure 1: Common elements in the <strong>de</strong>finitions of business clustersSource: Own creation.<strong>GCG</strong> GEORGETOWN UNIVERSITY - UNIVERSIA ENERO-ABRIL 2012 VOL. 6 NUM. 1 ISSN: 1988-7116pp: 55-90

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