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dc.contributor.authorKlarin, Anton
dc.contributor.authorSharmelly, Rifat
dc.contributor.authorSuseno, Yuliani
dc.identifier.citationKlarin, A. and Sharmelly, R. and Suseno, Y. 2021. A Systems Perspective in Examining Industry Clusters: Case Studies of Clusters in Russia and India. Journal of Risk and Financial Management. 14 (8): Article No. 367.

This article explores an examination of industry clusters from a systems perspective. We analyze Russia’s pharmaceutical clusters and India’s automobile clusters in terms of the systems concepts of holism, emergence, and open systems. We further consider the aspects of human capital investment and the availability of professional labor, infrastructure, private–public sector collaboration, support for funding and commercialization, as well as innovation corporate culture, when examining the institutional pillars supporting the development and growth of industry clusters within the national innovation ecosystems. The findings illustrate how industry clusters can be viewed from a systems perspective. We also highlight how the institutional pillars underpinning national innovation ecosystems can be applied to an industry cluster level, particularly in emerging countries. The article provides implications for theory and practice in the application of a systems perspective as a way to foster industry cluster innovation and promote a more effective national innovation ecosystem.

dc.publisherMDPI AG
dc.subject1503 - Business and Management
dc.subject3507 - Strategy, management and organisational behaviour
dc.titleA Systems Perspective in Examining Industry Clusters: Case Studies of Clusters in Russia and India
dc.typeJournal Article
dcterms.source.titleJournal of Risk and Financial Management

© 2021 The Authors. Published by MDPI Publishing.

curtin.departmentSchool of Management and Marketing
curtin.accessStatusOpen access
curtin.facultyFaculty of Business and Law
curtin.contributor.orcidKlarin, Anton [0000-0002-5597-4027]

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