For The SME Service Sector by Jonathan Mitford Clusters should be interpreted as a logical response to wider economic change.
Globalisation is a theory now accepted almost without dispute.
With a hegemony committed to free trade multilateral trade agreements such as the GATT have brought down barriers and liberalised trade. It has been a number of years since Alvin Toffler identified the information age, the latest manifestation of a constantly evolving capitalist system. The information age is a Post - Fordist concept which seeks to explain the rejuvenation of capitalism after the Fordist crisis of the early 1970s. Post -Fordism is a concept which came out of the work of Piore, Sabel, Aglietta and Lipietz. The concept of Post - Fordism also seeks to explain social relations by examining the mode of production.