Clemente Hernán<strong>de</strong>z-Rodríguez & Raúl Francisco Montalvo-CorzoTable 2 is related to the environment created in a market economy in the business, economic,and social areas. To measure the impact of the clusters, seven dimensions are consi<strong>de</strong>red.The first dimension involves the agglomeration economies measured by seven variables plusthe level of entrepreneurship. The second relates to knowledge spillovers and is measuredby two variables related to knowledge and two related to innovation. The third factor concernsincreases in productivity and efficiency, measured by the in<strong>de</strong>x of productivity levels ofthe International Labor Organization. The fourth factor relates to positive impact in the operationand is measured by three variables of the business environment. The fifth factor involveseconomic impact, and inclu<strong>de</strong>s the variables of investment attraction, solid macroeconomy,and exports. The sixth factor involves the sociopolitical Impact, measured by four variablesof social and political factors. The seventh and final factor concerns competitiveness, and ismeasured by the Global Competitiveness In<strong>de</strong>x of the World Economic Forum.754.2. Measurement of the Dimensions of the Impacts of ClustersTable 2 shows the variables used (and their sources) in the construction of the in<strong>de</strong>xes thatrepresents the eight dimensions of the beneficial impacts of clusters. Table 2 lists each of theseven dimensions studied with its respective variables.The sample inclu<strong>de</strong>d 25 selected countries (Australia, Austria, Belgium, Brazil, Canada,Chile, China, Denmark, Germany, Finland, France, India, Ireland, Italy, Japan, Mexico, theNetherlands, Norway, Peru, Russia, South Korea, Spain, Swe<strong>de</strong>n, the UK, and the USA).Next we compile the information into a database. In some cases we found more than onein<strong>de</strong>x or ranking to <strong>de</strong>scribe each dimension of the clusters’ impact, so we <strong>de</strong>ci<strong>de</strong>d to createa composed in<strong>de</strong>x for each of the parameters corresponding to the seven dimensions.Then we normalize the data with 100 as maximum, in or<strong>de</strong>r to create averages for eachcategory or dimension. Given that some databases exclu<strong>de</strong>d some countries we have chosen,one of the challenges we faced was to find databases with information for each of thecountries in our sample. Annex 2 shows the created standardized values (base 100) for thedimensions <strong>de</strong>fined in Table 1. It also shows the original sources.As soon as all the In<strong>de</strong>xes were normalized to a 100 base, we did simple averages of the variablesinclu<strong>de</strong>d in each analyzed dimension. Annex 3 shows the parameters for the samplecountries for each one of the seven dimensions of the cluster impacts.The next step was to construct radars using the information for each one of the seven <strong>de</strong>fineddimensions. We also inclu<strong>de</strong>d the maximum possible attainable value for each dimension.<strong>GCG</strong> GEORGETOWN UNIVERSITY - UNIVERSIA ENERO-ABRIL 2012 VOL. 6 NUM. 1 ISSN: 1988-7116pp: 55-90
Entrepreneurial Clusters in China and Mexico –implications for Competitiveness76 5. Comparison of Clusters’ impacts in the People’s Republic of China andMexicoThus, to know the effects of clusters in the local economies, the analysis dimensions arethe following seven: (1) Agglomeration economies, (2) Knowledge spillovers, (3) Increasedproductivity and efficiency, (4) Positive impact in the operation, (5) Economic impact, (6)Sociopolitical Impact, and (7) Competitiveness.5.1. Radars of the impacts of ClustersFigure 7 shows (in green) the peaks reached by the sample of countries analyzed. China isrepresented in red and Mexico’s current situation in each dimension in light blue.On the one hand, China is the top country (in this comparison) for the increase of productivityand efficiency. The PRC also achieves a great economic impact and competitivenessgrowth. However, China can improve in the agglomeration economies and in the knowledgespillovers. The positive impact in the operation may be improved too.On the other hand, Mexico has a great need to improve in agglomeration economies, andshould seek greater increases in productivity and efficiency and economic impact. Mexicoperforms well in knowledge spillovers. It is close to the maximum of this sample in socialimpact and positive impact of the operation.Figure 7: Comparison of the impacts of the clusters in China and Mexico radarsSource: Own creation.<strong>GCG</strong> GEORGETOWN UNIVERSITY - UNIVERSIA ENERO-ABRIL 2012 VOL. 6 NUM. 1 ISSN: 1988-7116pp: 55-90