What is a Cluster?

A simple definition of a cluster;
a geographical concentration of related firms and institutions within an industry, technology area or value chain.
Industrial clusters can not be created. But in environments where there is a precondition for it, cooperation between industry and the authorities may lead to favourable results.
International research shows that clusters lead to higher employment, greater economic growth, higher wages, better productivity and more start-ups. Innovation in terms of new technology, new products and new services occur more often in clusters than in businesses outside clusters.
Read more about the cluster concept and its possible effects in the description of the NCE programme.

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