THE TRIPLE-C APPROACH TO LOCAL INDUSTRIAL-POLICY

In both developed and developing countries there is mounting evidence that clustering and networking help small- and medium-sized manufactur ers to raise their competitiveness. The role of public policy in this process is less clear. The European experience suggests that local and regional government can play an important role. Equally, if not more, interesting experiences can be found in developing countries. Their a nalysis constitutes the core of this paper. The lessons can be summari zed as the ''Triple C'' which stands for customer-oriented, collective and cumulative. Copyright (C) 1996 Elsevier Science Ltd