The Effect of Industrial Agglomeration on Financial Performances of an Enterprise: Based on Electrical Machinery and Equipment Manufacturing

摘要

An industrial cluster is an economic organization which, owning unique characteristics, is classified as per region and product type and studied by many subjects. The specialized work division and collaboration between individuals in clusters will help cluster-based enterprises break through the limitations in size and strength that single enterprise faces in funds flow and operations, enabling enterprises to lower costs and optimize the funds flow and further perfecting financial performance of the enterprises. Based on industrial clusters of electrical machinery and equipment manufacturing, the article selects indicators to measure the industrial agglomeration and that for proper financial performance, with correlation and regression analysis applied to analyze the effect of industrial agglomeration of electrical machinery and equipment manufacturing on the industry-related financial performances in enterprises in order to make sure of the positive correlation between spatial Gini coefficient of centralized resources allocation and financial performance of an enterprise in clusters. In most cases, the financial performance of an enterprise in the clusters is subject to by the whole progress of the industrial cluster.