Upgrading in Clusters and Value Chains in Latin America: The Role of Policies

This study focuses on how Latin America¿s small and medium-sized enterprises (SMEs) can participate in global markets in a way that provides for sustainable growth. In addition, it study analyzes the impact of collective efficiency on clusters upgrading and undertakes an investigation of the impact of different patterns of governance within the chain on the possible forms of upgrading. Concerning the methodology, this three-dimensional analysis is based on the collection of original data from twelve new clusters in Latin America and on an extensive literature review of cluster studies. Finally, this study analyzes the relevance of sectors to take into account the different learning patterns of the groups of industries considered in the typology proposed.