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Porter's cluster

From Academic Kids

A Porter's cluster or competitive cluster is a geographical location where:

Generally two types of competitive clusters, based on different kinds of knowledge, are recognized:

  • Techno clusters - These clusters are high technology-oriented, well adapted to the knowledge economy, and typically have as a core renowned universities and research centers.
  • Historic knowhow-based clusters - These are based on more traditional activities that maintain their advantage in know-how over the years, and for some of them, over the centuries. They are often industry specific.

The concept is named after Michael Porter, a Harvard professor who developed it. He claims that clusters have the potential to affect competition in three ways:

  • by increasing the productivity of the companies in the cluster,
  • by driving innovation in the field
  • by stimulating new businesses in the field

The process of identifying, defining, and describing a cluster is not standardized. Individual economic consultants and researchers develop their own methodologies. All cluster analysis relies on evaluation of local and regional employment patterns, based on SIC codes.

Examples

Well known examples are

See also

fr:Pôle de compétence

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