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Success Factors of Economic Clusters
Vishal Acharya, Consultant, India, Member
Economic clusters are geographic concentrations of interconnected companies, specialized suppliers, service providers, and associated institutions in a particular field that are present in a nation or region...
 Developing and strengthening of clusters is an important agenda for governments, companies, and other institutions.
But why do some clusters fare better than others?
Why do some clusters fail to perform to their full potential or to achieve the desired results, whereas similar ones or even ones with lesser resources perform better?
I wonder what are the most important success factors for clusters? Is it the natural endowments, infrastructure, finance, human capital, cultural capital, knowledge or the combination of one or more.
Is it the intervention from outside or the resources with... Register
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Success Factors of Economic Clusters
Digitol Onyango Okech, Accountant, Kenya, Member Above all is the aspect of having a clear mission, vision and objectives and dedicating resources towards the attainment of these goals ... |
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Success Factors of Economic Clusters
Marais, Student (MBA), United Kingdom, Member A combination of factors is certainly the reason why some clusters perform better than others. Two aspects I feel should be highlighted however, which... |
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Success Factors of Economic Clusters
Timmy Baksh, Analyst, Trinidad and Tobago, Member Quite right... There must be a combination of factors which will contribute to the success of clusters. There must be a symbiotic and mutually bene... |
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Success Factors of Economic Clusters
Steve Neighbors, Strategy Consultant, United States, Member A business entity rises or fails based on the managed resource of its "C's":
- Capital (financial, human, etc)
- Core offerings
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Success of Clusters in BRICS countries
Juan Manuel Matallana, Student (MBA), Member I'd like to ask the following question about cluster formation at the BRICS countries (Editor: Brazil, Russia, India, China and South Africa).
Is... |
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Cluster Success Factors: Regulation
VENKATESH, Manager, India, Member Marais said rightly that regulation does play a important role in the success of clusters. In that how well are the players allowed the freedom to act... |
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Reasons for Cluster Failure in Developing World
Jonathan Ekambi, Strategy Consultant, Kenya, Member In the developing world, the failure of clusters is due to:
1) Lack of goodwill on the part of political leaders,
2) Lack of leadership skil... |
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Clusters, Proximity, Resources and Value Transfer
David Geraghty, Business Consultant, United States, Member The greatest margins can be had through strategic clusters of industry specific producers, suppliers, and markets. Why?
- The transfer costs of s... |
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Cluster Case: Teachings of Experience
Francisco Corma Canos, Consultant, Spain, Member I´m working in one specific cluster: ceramic cluster at Castellón - Spain with a large tradition on floor and wall ceramic tiles.
In my opinion c... |
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Why some clusters fare better than others
Zacharia Marimo, HR Consultant, Zimbabwe, Member The reasons vary. However, as alluded by colleagues earlier on, the number 1 factor is leadership's ability or failure to use or abuse authority and p... |
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Cluster Success Factors
Angel Arbonies, Business Consultant, Spain, Member In my view, factors for the success of clusters are:
- Cluster structure and governance - not domination,
- Cluster initiatives - not lobby ... |
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Cluster Success Factors
R Rengarajan, Analyst, India, Member For certain economic clusters in some strategic sectors there can be special government grants which come without any financial cost which is a... |
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Clusters Performance Analysis
Anand H, Member It's worthwhile to study and analyze clusters with limited resources and at strategic odds, which anyway do comparatively better than similar clusters... |
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Dynamics of Success Factors of Clusters
Jagdish B Acharya, Consultant, India, Premium Member The clusters also follow life model and success factors change depending on its stage of development.
1. In early stages: Cost and comp... |
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Success Factors of Economic Clusters
Makhosana Siphengane, CEO, Member Our sincere gratitude and appreciation for an excellent contribution on success factors of economic clusters.
Presently the South African governm... |
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Clusters in Baja California
Oscar Haupt, Strategy Consultant, Mexico, Member In Baja California, 10 years ago the local government spearheaded an initiative to create economic clusters around the main economic sectors. These in... |
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Economic Clusters in Surat
Y Srinivas rao, Manager, India, Member It is the human endeavour which plays vital role. The cluster develops on it's own in spite of poor infrastructure, electricity, remoteness etc. The v... |
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Success Factors of Economic Clusters
Marcelino Pandin, Teacher, Indonesia, Member Market. Market. Market. Nothing else for the pull factor of economic clusters, whereas its push factor is mainly determined by intellectual inp... |
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Lack of Opportunity may Invite new Cluster Formation
KATHRYN STEINER, MBA, Entrepreneur, United States, Member Uncertain economies may invite the arrival of clusters. There many be limited regulations that encourage a large influx of human and financial investm... |
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Clusters are Symbiotic Entities
Ravi Java, Manager, India, Member I agree clusters which succeed are in fact like a living entity where all the stakeholders have a symbiotic relationship with each other. Clust... |
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Interdependencies
Edith Ohri, Entrepreneur, Israel, Member @ Augusto Carreira: About the statistics law which says that non-orthogonal are redundant, it does not apply to my mo... |
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