“Clusters offer a constructive way to. . .”

“Clusters affect competition in three broad ways; first by increasing the productivity of companies based in the area; second by driving the direction and pace of innovation, which underpins future productivity growth; and third by stimulating the information of new businesses, which expands and strengthens the cluster itself. A cluster allows each member to benefit as if it had greater scale or as if it had joined with others formally—without requiring it to sacrifice its flexibility. . . Clusters offer a constructive way to change the nature of the dialogue between the public and private sectors.”

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“Clusters offer a constructive way to. . .”

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