This book presents original theoretical and empirical (multi-country and multi-industry) contributions addressing how globalization and Global Value Chains (GVCs) impact the competitiveness of clusters and small- and medium-sized enterprises (SMEs), and how manufacturing and innovation can play a key role for local development, using a multilevel approach. Particular attention is devoted to the determinants of cross-clusters and within-cluster heterogeneity, with a special focus on innovation capabilities and their interplay with the geographic organization of production activities within a GVC framework, which is the competitive edge for firms specialized in manufacturing industries in the context of developed countries.
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