Development of SMEs through clusters: a comparative study of India, Pakistan and Sri Lanka

Sarath W.S.B. Dasanayaka and G.D. Sardana

World Review of Entrepreneurship, Management and Sustainable Development, 2010, vol. 6, issue 1/2, 50-70

Abstract: Clusters evolve as a mechanism to gain competitive advantage, when industrial units come together to share knowledge and supplement each other in enhancing strengths. The phenomenon of clustering is known to have created a high degree of networking, a market focus, an ambiance of high productivity, excellence, development of skills and creativity. These in turn can lead a firm to technological innovation and its applications. Large customers prefer to source from clusters which have developed networking to meet the challenges of high demand. A high rate of success of SMEs in India, Pakistan and Sri Lanka can be traced in part to clusters. Some of these clusters are quite large responsible for a substantial share of production. The paper takes up several perspectives discussing the evolution and the growth of the clusters, their spread in the three countries and how these have helped in the development of SMEs.

Keywords: small and medium-size enterprises; SMEs; clusters; SME development; India; Pakistan; Sri Lanka. (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=31638 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:wremsd:v:6:y:2010:i:1/2:p:50-70

Access Statistics for this article

More articles in World Review of Entrepreneurship, Management and Sustainable Development from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().