Understanding High-Tech Clusters of the World with Special Reference to Aerospace Industry

Authors

  • Nayana. S. Desai  Assistant Professor and Research Scholar, Nitte Meenakshi Institute of Technology, Bangalore and University of Mysore, Mysore, Karnataka, India
  • Dr. Manjunath V. S.  Director, Nitte School of Management, Bangalore, Karnataka, India

DOI:

https://doi.org//10.32628/IJSRSET21841132

Keywords:

Cluster, Aerospace, Value Chain, Economy, OEM, Network.

Abstract

Clusters have been constantly a topic of central interest in the area of business and economics. Their origin can be traced from the time man mastered the art of trade and commerce. Throughout history, we can see many people discuss about clusters in their works. It is remarkable to note that, aerospace clusters occupy a place of prominent significance among many high-tech clusters in the world; because of the exceptional characteristics: regional prominence and stakeholder network. In this theoretical paper, we draw attention towards global aerospace industry, major aerospace clusters in the world, including Bangalore aerospace cluster. Being a theoretical paper, this study is heavily oriented on academic research and secondary data from numerous sources. We conclude by exploring the potential of Indian aerospace industry through cluster approach in Bangalore region, the hub of aerospace in India.

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International Journal of Scientific Research in Science, Engineering and Technology

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Published

2018-12-30

Issue

Volume 4, Issue 11, November-December-2018

Section

Research Articles

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How to Cite

[1]
Nayana. S. Desai, Dr. Manjunath V. S., " Understanding High-Tech Clusters of the World with Special Reference to Aerospace Industry, International Journal of Scientific Research in Science, Engineering and Technology(IJSRSET), Print ISSN : 2395-1990, Online ISSN : 2394-4099, Volume 4, Issue 11, pp.248-256, November-December-2018. Available at doi : https://doi.org/10.32628/IJSRSET21841132