"Kendall has become what economists call a cluster, a concentration of interconnected companies that both compete and collaborate. [...] net job growth comes from startup companies, especially the kind that explode from a few employees to several thousand. In technology, those winners have a way of producing more winners. The process reaches critical mass in the web of intertwined companies, resources, advantages, ideas, talent, opportunity, and serendipity that defines a technology cluster. It’s clear that what’s essential is proximity to human talent and new ideas. [...] The big questions in this month’s MIT Technology Review Business Report are why technology clusters arise and what the ingredients are to create one."
09 July 2013
Cluster Crafting ~ TR on Tech Hot Spot Secrets...
TR's Antonio Regalado writes In Innovation Quest, Regions Seek Critical Mass asking "What’s the secret to becoming the next technology hot spot?"