Industry Clusters make so much sense. Working with Industry Cluster data makes sense too – however, getting companies in your location to define the specific industry clusters they are in is challenging. Many companies define themselves in terms of which one or two NAICS codes best represent what they do, but that is hardly enough.
The U.S. Cluster Mapping Portal has soft-launched its Region Comparison Tool, which will allow users to directly compare different regions (States, Economic Areas, Metro/Micropolitan Statistical Areas, and Counties) across various clusters and indicators. See below for a walkthrough of the process of creating and saving a custom region comparison.
5G is here now – at least in some places – and its impact on industry clusters will be intense. 5G rollout plans by AT&T, Sprint and others will have a dramatic effect on which geographic areas are at a technology advantage versus those that are at a clear disadvantage. 5G services impact IoT, AR, VR, Big Data, and other internet platform and cloud technologies that, in turn, will impact most every industry. At Industry Building Blocks (IBB) we estimate that 5G technologies will significantly impact at least 7,000 of the top 20,000 global industries.
Since our 1st Industry Summit on Nov 28, 2018 which introduced the concept of Industry Clusters (to a sold-out crowd which gave rave reviews) the Southern Tier has moved to an industry-cluster mindset. Many people felt it was the best government-run conference ever because the industry clusters crossed political and jurisdictional boundaries and brought together many city, county and multi-county organizations that were rarely aligned with themselves or the objectives of the private sector companies.
SSTI’s annual conference engages those involved in the innovation economy in a dynamic exploration of the advances and challenges facing our community. Gather with your peers to help build solutions in the face of uncertain funding and other roadblocks, and to share practices that strengthen science, tech, innovation, and entrepreneurship. Find out more here.
When Blue Origin opens its doors and starts rocket production, it could mean more chances for contractors to provide them with necessary parts.
That type of expansion can build on itself, as clusters attract more companies within the same industry, said Christian Ketels, a researcher at Harvard Business School who has studied industry clusters in regions.
This Working Paper examines how cluster growth could increase the prosperity of Ontario, and using five examples of strong clusters in Ontario, proposes recommendations on how to improve the ecosystem that fosters successful clusters. Download the full report at the website of the Institute for Competitiveness and Prosperity: http://www.competeprosper.ca/work/working_papers/working_paper_26
On June 29th, 2016, the Prime Minister of Canada, Justin Trudeau, the President of the United States, Barack Obama, and the President of Mexico, Enrique Peña Nieto, discussed ways to advance trade and competitiveness, at the 2016 North American Leaders’ Summit.
Christophe Guichard and Tshanda Kalombo - From 17 to 19 November 2015, 77 national and regional cluster policy-makers, experts and researchers from both the United States and the European Union gathered in Boston and Washington for a workshop to exchange experiences and best practices on cluster mapping, cluster portals and cluster-based economic development policies.
Brad McDearman and Ryan Donahue - Economic development organizations often talk of competing for foreign direct investment. But arguably, the best form of FDI requires little competition at all. Instead, firms are drawn to a metro area not by low costs or incentives, but by the region’s unique specializations—including supply chains and customers, skilled workforce, trade relationships, and research institutions.