Research at least location that can be considered cluster

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An observation, first made by Michael E. Porter, that a firm can develop a substantial competitive advantage in manufacturing certain goods when a large number of its competitors and suppliers are located in close proximity, because the area then attracts the most talented employees, and the extraordinary competition between the firms generates a greater need to innovate and become efficient. Such a grouping of companies is called a cluster. Silicone Valley is a cluster; Research at least location (city) that can be considered a cluster What characteristics do industrial clusters have that other cities do not have? Can you think of another industrial cluster in the United States or abroad?

Reference no: EM132183263

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