The concept of industry clusters has significantly influenced our thinking about economic development in the last 15 years. It’s the idea that having a concentration of related industries in a location can benefit firms and regions in ways that enhance their competitive advantage. When firms in rela … Read more

Universities can help promote economic development in a variety of ways. As Harvard Business School Professor Michael Porter notes in an article, universities contribute to regional competitiveness by supporting key industry clusters. According to Porter, universities themselves are part of a growin … Read more