Clustering Still Key for Industries

Although industry clustering may not be the economic development "Holy Grail", an effective clustering strategy is still a proven recipe for success

It may seem hard to believe in this age of the Internet and virtual reality, but anything can’t be anywhere. Despite the emergence of a global economy, regional and statewide economic initiatives based on industry clustering have taken hold, proving the importance of place as a trigger for bolstering economic development and business success.

Hal Johnson

Full Story: http://www.areadevelopment.com/EconomicsGovernmentPolicy/November2011/industry-clusters-economic-development-strategy-66122290.shtml