This blog post by Forbes contributor Rebecca Bagley breaks down how U.S. regions can encourage advanced energy development by exploiting the assets and opportunities in their vicinity. Appealing to an example of a mature energy cluster in Northeast Ohio, local business leaders stress that organizations can efficiently deliver services only after they have outlined their regional strengths and market opportunities. Moreover, they can maximize productivity by aligning strategies and services with related institutions and suppliers in their community. Clusters are an agent of such collaboration. Targeting the entire value chain, clusters foster synergies and provide cluster members with ease of access to skilled labor, infrastructure, knowledge, and capital.
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