Management

Growing Innovation Clusters for American Prosperity

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While competition for innovative technologies and services is increasingly global, the context of innovation—and the benefits it brings in economic growth and high value employment—remains local.1 Innovation clusters are regional concentrations of large and small companies that develop creative products and services, along with specialized suppliers, service providers, universities, and associated institutions. Ideally, they bring together a critical mass of skills and talent and are characterized by a high level of interaction among these entrepreneurs, researchers, and innovators.2 The high levels of productivity and innovation found in many clusters are reflected in an intensifying “locational competition” among nations and regions around the world to attract the people, resources, and infrastructure believed necessary to develop clusters in leading-edge technologies.3

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Publisher

: ., 2011

Collation

1-187

Language

English

ISBN/ISSN

978-0-309-15622-6

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NONE

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Edition

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Subject(s)

Growing Innovation Clusters for American Prosperit

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