Brookings Institution: Clustering similar businesses key to success
Las Vegas’ success in becoming a nexus of entertainment and gambling is a model that American cities would do well to emulate in other businesses, a new Brookings Institution report concludes.
The local “cluster” of entertainment and gambling, writers of the Brookings study say, typifies the regional connections among similar businesses essential for the United States to remain competitive internationally.
By Joe Schoenmann, Jack Sheehan
Full Story: http://www.lasvegassun.com/news/2008/may/02/our-concentration-resorts-cited-economic-model/