The role of clusters in global maritime value

Abstract

Purpose: The paper aims to explore the effects of geographic proximity among firms in value networks on service provision and service exchange. Design/methodology/approach: A case study of the offshore supply vessel shipbuilding and shipping cluster in the North-Western Møre region of Norway with focus on the new ship contracting process. Findings: The case study reveals how service provision and service exchange are facilitated by geographical proximity among firms. Research limitations/implications: Study findings should be validated in further research, and the effects of other forms of proximity (cultural, social, cognitive and institutional) on co-creation of value also need to be considered. Considering the role of operant resources in developing competence in clusters and wider value networks offers interesting opportunities for further research. Originality/value: This study proposes an alternative view of co-creation of value in value networks and responds to calls for research on how value network attributes affect aspects of co-creation of value: service provision and service exchange. The study contributes to more knowledge on the systemic nature of value creation in value networks. © Emerald Group Publishing Limited.