The Performance of Seaport Clusters - RePub - Erasmus Universiteit ...
The Performance of Seaport Clusters - RePub - Erasmus Universiteit ...
The Performance of Seaport Clusters - RePub - Erasmus Universiteit ...
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Chapter 9 – Structure and Governance in <strong>Seaport</strong> <strong>Clusters</strong>; Literature Review 115<br />
cluster, where collective action problems have to be solved. We claim that the ‘institutional<br />
position’ <strong>of</strong> the port authority can be described with the term ‘cluster manager’. For this<br />
reason, one could assume that collective action regimes in port clusters are relatively<br />
effective compared to other clusters. This issue is not addressed in this study, but deserves<br />
further attention.<br />
A ‘perfect’ cluster manager would be an organization with the following four characteristics:<br />
1. A cluster manager has incentives to invest in the cluster, because its revenues are<br />
related to the performance <strong>of</strong> the cluster. <strong>The</strong> ‘perfect’ revenue structure <strong>of</strong> a cluster<br />
manager would be a share <strong>of</strong> the value added generated in the cluster, for instance<br />
through a ‘cluster tax’.<br />
2. A cluster manager operates self-sustaining: over time investments equal revenues.<br />
Cluster managers are not-for-pr<strong>of</strong>it organizations, but do not receive subsidies either.<br />
3. A cluster manager aims to recover investment costs as much as possible from firms<br />
that benefit from the investments, through co-finance arrangements with these firms.<br />
However, investments cannot be directly recovered because benefits ‘spill-over’ to other<br />
firms in the cluster. <strong>The</strong>refore, cluster managers need revenues (the cluster tax) that<br />
are not directly related to expenditures so that they have resources to invest in the<br />
cluster.<br />
4. <strong>The</strong> ‘investment rule’ <strong>of</strong> a cluster manager is to invest when ‘cluster benefits’ exceed<br />
costs and when (coalitions <strong>of</strong>) private firms in the cluster do not invest, because a<br />
substantial part <strong>of</strong> the benefits are ‘external’ to the (coalition <strong>of</strong>) firm(s) 75 .<br />
<strong>The</strong> institutional position <strong>of</strong> landlord port authorities, especially those with a regional<br />
jurisdiction, resembles a perfect cluster manager 76 . <strong>The</strong> port authority owns the land in the<br />
75 <strong>The</strong>se four characteristics are institutional ones; one could add managerial characteristics to a<br />
perfect cluster manager, such as ‘legitimacy in the cluster’.<br />
76 <strong>The</strong> ‘Hanzeatic port model’ (Kreukels and Wever, 1998) where the local or regional<br />
administration controls the port authority, is relatively widespread, especially in continental<br />
Europe. In this model the port authority has an additional motive, apart from the