The Porterian Concept on the case of London and its lessons for Singapore
Journal Publication ResearchOnline@JCUKuah, Adrian
Abstract
This paper applies the Diamond to a major service cluster and finds that it is an effective tool for analysis that can be used as a framework for other service sectors should nations seek to gain competitive advantage. The London case points to the successful conditions of financial clustering, with reported benefits from incumbents. This revelatory case suggests to policy makers whether Singapore should focus on a few industries to merely gain cost competitiveness, or should she focus on increasing her critical mass and financial service provision to increase her international competitiveness.
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07/23
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2048-495X
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Pages Count
14
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Publisher
University of Bradford, UK
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Publisher Location
UK
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