Clusters’ risk of developing countries: From the view of global value chain

Abstract

Industry cluster is an important carrier of district development. Researchers have emphasized the risk with cluster itself, and seldom involved the global value chain that the cluster is subordinate to. This paper tries to take global value chain into account and thinks that 3 factors: non-equilibrium of value-added chain, governance of global value chain and international trading circumstance will affect the formation of clusterspsila risk in developing countries with the Zhejiang textile cluster as case study.