What to Know About Locating in a Cluster.

By: Contributor(s): Material type: ArticleArticlePublication details: Massachusetts Institute of Technology Bostan Description: 8-11pSubject(s): Online resources: In: MIT Sloan Management Review 57(1) Fall, 2015Summary: The article presents the results of the study on the benefits gained by Danish businesses located in industry clusters. It states the advantages in learning and hiring employees with relevant skills and knowledge. It notes the precompetitive collaborations with neighbors in different industries. It mentions the returns gained from investment in public goods if they have geographic presence and tied to right subcommunities.
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The article presents the results of the study on the benefits gained by Danish businesses located in industry clusters. It states the advantages in learning and hiring employees with relevant skills and knowledge. It notes the precompetitive collaborations with neighbors in different industries. It mentions the returns gained from investment in public goods if they have geographic presence and tied to right subcommunities.

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