Fostering innovation-led clusters A review of leading global practices

Fostering innovation-led clusters – A review of leading global practices. A report from the Economist Intelligence Unit, December 2011.

  • “There are few economic development policies as popular as clusters. It is hard today to find a country, region, or even city that is not trying to develop a network of complementary and competitive firms. The political appeal is obvious, particularly now that the world’s economic crisis has put a spotlight on innovation to diversify economies and create jobs. However, the difficulty lies in turning a newly announced “science park” or “hi-tech corridor” into a genuinely competitive centre for innovation. In this report, we review some of the practices and ideas being used by clusters around the world. The aim is to offer a detailed assessment of which of these practices and ideas might be applicable to the Middle East region as it seeks to develop its own innovation-led clusters.”
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