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Vishal Acharya
Consultant, India
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Success Factors of Economic Clusters
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 within that decide the outcome?
X
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Digitol Onyango Okech
Accountant, Kenya
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Success Factors of Economic Clusters
Above all is the aspect of having a clear mission, vision and objectives and dedicating resources towards the attainment...
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Edith Ohri, Israel
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Why do Clusters Fail? Because they miss the Interdependencies
Too many assumption get into the models that create these failing clusters, and too little yield of fresh findings. The ...
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Marais
Student (MBA), United Kingdom
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Success Factors of Economic Clusters
A combination of factors is certainly the reason why some clusters perform better than others. Two aspects I feel should...
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Timmy Baksh
Analyst, Trinidad and Tobago
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Success Factors of Economic Clusters
Quite right... There must be a combination of factors which will contribute to the success of clusters. There must be a ...
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Augusto Carreira
Partner, Portugal
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Interdependencies of Success Factors for Economic Clusters
@Edith Ohri: you are right. However, the orthogonality of the variables doesn't mean lack of interdependency. On the con...
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Jaap de Jonge
Editor, Netherlands
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Sölvell's Cluster Initiative Performance Model (CIPM)
According to Sölvell (Sölvell, Ö., Lindqvist, G. and Ketels, C., The Cluster Initiative Greenbook, Stockholm, 2003) ther...
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Steve Neighbors
Strategy Consultant, United States
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Success Factors of Economic Clusters
A business entity rises or fails based on the managed resource of its "C's":
- Capital (financial, human, etc)
- Core ...
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Juan Manuel Matallana
Student (MBA)
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Success of Clusters in BRICS countries
I'd like to ask the following question about cluster formation at the BRICS countries (Editor: Brazil, Russia, India, Ch...
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Leodegardo M. Pruna
Professor, Philippines
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Competition Inside Economic Clusters
There's always a competitive factor between partcipants whenever clustering efforts are initiated.
This factor should b...
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May Koo Tui Moi, Malaysia
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The Importance of Goal Dynamics in Clusters
Your goals are your motivation factor.
- Always remind yourself of your goals and dreams
- Keep your goals with you al...
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M. Srivastava
Project Manager, India
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The Transition from Big Fish --> Fast Fish
@May Koo Tui Moi: In the current transition period situations vary country-wise and product-wise. The financial conditio...
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R Rengarajan, India
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Cluster Success Factors: Mutual Trust Between Members
Another essential factor for success of any economic cluster is the mutual trust between the cluster members who usually...
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Vishal Acharya
Consultant, India
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Why Clusters Fail in Problematic Regions of the World
@Marais: The clusters with the prime need for development are the deprived ones where there is a huge scope as well as n...
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VENKATESH
Manager, India
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Cluster Success Factors: Regulation
Marais said rightly that regulation does play a important role in the success of clusters. In that how well are the play...
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Edith Ohri, Israel
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Why do Clusters Fail? Because they Miss the Interdependencies
@Augusto Carreira: Of course I agree with the mathematical orthogonal expressions, but what to do if the interdependenci...
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Marais
Student (MBA), United Kingdom
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Establishing a Cluster versus Continued Operation of Cluster
@Vishal Acharya : The reasons or incentives for establishment of a cluster is as you suggest and I agree.
The establish...
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SAMUEL NDUATI MBUGUA
Management Consultant, Kenya
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2 More Requirements for Success of Economic Clusters
Success with economic clusters can also not be achieved unless there is a good, stable political climate and a friendly ...
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Jaap de Jonge
Editor, Netherlands
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Why Clusters are Hard to Accomplish in Poor Economies
@Vishal Acharya: as far as poor / developing economies are concerned, I believe you hit the nail on the head with your q...
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Leodegardo M. Pruna
Professor, Philippines
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Success Factors in Economic Clustering
@Juan Manuel Matallana: initially BRICS may show signs of success. But I am afraid that in the long-run cultural factors...
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Kari MIkkela
Director, Finland
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Case Study: Factors behind the Success of the Finnish Telecom Cluster
My team did the Finnish telecom cluster study in 1993. Nokia was a small but fast growing (60% /year) player and the clu...
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Pratik
Manager, India
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Main Reason for Cluster Failure: Member Selfishness
I agree with @Leodegardo M. Pruna, most clusters fail because of the following reason stated by one of my Professors dur...
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Jonathan Ekambi
Strategy Consultant, Kenya
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Reasons for Cluster Failure in Developing World
In the developing world, the failure of clusters is due to:
1) Lack of goodwill on the part of political leaders,
2) L...
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Jose M. Checo
Project Manager, Dominican Republic
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The Importance of Trust in Clusters
@Digitol Onyango Okech: the level of trust is a key factor of success, especially in horizontal clusters. To be able to ...
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David Geraghty
Business Consultant, United States
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Clusters, Proximity, Resources and Value Transfer
The greatest margins can be had through strategic clusters of industry specific producers, suppliers, and markets. Why?
...
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Francisco Corma Canos
Consultant, Spain
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Cluster Case: Teachings of Experience
I´m working in one specific cluster: ceramic cluster at Castellón - Spain with a large tradition on floor and wall ceram...
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Zacharia Marimo
HR Consultant, Zimbabwe
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Why some clusters fare better than others
The reasons vary. However, as alluded by colleagues earlier on, the number 1 factor is leadership's ability or failure t...
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Tafadzwa Gabaza, Zimbabwe
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Why some Clusters Yield Better Results than Others? Information Sharing
The major reason is the degree to which the players in these clusters share information on costs, value addition and pri...
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Belay Gezahegn
Director, Ethiopia
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Why Some Clusters Succeed and Others Fail? Porter's View
According to Michael E. Porter there are four attributes that determine the success of clusters or a firm. These attribu...
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Angel Arbonies
Business Consultant, Spain
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Cluster Success Factors
In my view, factors for the success of clusters are:
- Cluster structure and governance - not domination,
- Cluster in...
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R Rengarajan, India
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Cluster Success Factors
For certain economic clusters in some strategic sectors there can be special government grants which come without any fi...
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Augusto Carreira
Partner, Portugal
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Why Some Clusters Succeed and Others Fail
@Edith Ohri: Hi Edith, I don't know if you are familiar with the subject of System Dynamics. It is a formal approach to ...
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Anand H
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Clusters Performance Analysis
It's worthwhile to study and analyze clusters with limited resources and at strategic odds, which anyway do comparativel...
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Jagdish B Acharya
Consultant, India
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Dynamics of Success Factors of Clusters
The clusters also follow life model and success factors change depending on its stage of development.
1. In early stage...
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Makhosana Siphengane, South Africa
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Success Factors of Economic Clusters
Our sincere gratitude and appreciation for an excellent contribution on success factors of economic clusters.
Presently...
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M.B. Mphahlele
Consultant, South Africa
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Success Factors in Economic Clustering: Social Capital, Common Vision
The industrial clustering is fundamentally Marshallian. Alfred Marshall based his thinking on the textile industry in En...
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Makhosana Siphengane, South Africa
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Cluster Formation in South Africa
@Juan Manuel Matallana: the formation of the fast emerging economic block BRICS is primarily based on their huge populat...
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Oscar Haupt
Strategy Consultant, Mexico
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Clusters in Baja California
In Baja California, 10 years ago the local government spearheaded an initiative to create economic clusters around the m...
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Y Srinivas rao
Manager, India
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Economic Clusters in Surat
It is the human endeavour which plays vital role. The cluster develops on it's own in spite of poor infrastructure, elec...
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Makhosana Siphengane, South Africa
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Models for Successful Economic Clusters
@Editor: my greatest gratitude to our honorable editor for his excellent CIPM Model contribution to the group, highly ap...
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KATHRYN PAWLEY STEINER, USA
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Clusters Must Incorporate both Public and Private Sectors
This is an interesting subject I would like to learn more about. Without the private sectors within such developed and s...
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Francisco Corma Canos
Consultant, Spain
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The People Influence on Cluster Formation
@Y Srinivas Rao: OK, always people are the engine, the motor, but other resources are needed like: demand (not only in t...
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Jagdish B Acharya
Consultant, India
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Catalysts (Sectors) and Success Factors (Prime Movers) of Clusters
@Makhosana Siphengane: The four sectors described in the quadruple helix model play a catalytic role using enabling, dis...
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Hector Soto, Mexico
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The Right Cluster Spirit for Success
In addition, some clusters are more successful than others, because there is the awareness of the globalization and expo...
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Marcelino Pandin
Teacher, Indonesia
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Success Factors of Economic Clusters
Market. Market. Market. Nothing else for the pull factor of economic clusters, whereas its push factor is mainly determi...
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Leodegardo M. Pruna
Professor, Philippines
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Sharing in Economic Clusters
@Tafadzwa Gabaza On top of information sharing, whenever those involved in clustering share the same vision, discipline,...
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KATHRYN STEINER, MBA
Entrepreneur, United States
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Lack of Opportunity may Invite new Cluster Formation
Uncertain economies may invite the arrival of clusters. There many be limited regulations that encourage a large influx ...
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Belay Gezahegn
Director, Ethiopia
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Comparative Advantage versus Competitive Advantage
@Kathryn Pawley Steiner: A nation's competitive advantage is not the availability of resources (comparative advantage - ...
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Leodegardo M. Pruna
Professor, Philippines
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Comparative Advantage versus Competitive Advantage
@Belay Gezahegn: while one who engages in a battle obviously would want to win, there is always the probability that he/...
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Richard-Marc Lacasse
Professor, Canada
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The Cluster Phenomenon is Stimulated by Many Actors, and Results from a Symbiosis Between Factors
The emergence of a cluster is a cultural and psychological phenomenon as well as an economical and technological event. ...
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Ravi Java
Manager, India
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Clusters are Symbiotic Entities
I agree clusters which succeed are in fact like a living entity where all the stakeholders have a symbiotic relationship...
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Edith Ohri
Entrepreneur, Israel
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Interdependencies
@Augusto Carreira: About the statistics law which says that non-orthogonal are redundant, it does not apply to my model ...
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