Innovation and cluster development

Members of successful innovation clusters initially tend to establish themselves as world-class players in an emerging specialty before expanding. This allows locations to focus limited resources on developing competence and reputation. The consequence is the emergence of a critical mass of expertise that relies on a limited number of companies to establish itself as a relevant global player in a narrow sector.

Advertisements

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s