Putting clusters to work

Publication Type:
Chapter
Citation:
Global Perspectives on Achieving Success in High and Low Cost Operating Environments, 2014, pp. 122 - 152
Issue Date:
2014-03-31
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© 2014 by IGI Global. All rights reserved. This chapter illustrates the effect of clusters on company performance through rigorous mapping of the patterns and strength of relationships between companies applied in the Aalborg region of Hub North, Denmark. This case study has been selected from similar industry cluster projects undertaken between 1999 and 2013 in Midjutland, Denmark, Dalarna, Sweden, mining regions in Queensland, and the Playford industrial region in South Australia. A conceptual methodology and suite of tools that have translated cluster theory into bottom up business outcomes for companies participating in these cluster projects demonstrates how a deeper understanding of clusters can contribute to the economic development of industrial regions. The methodology and findings described in this chapter pioneer new insights and ways to analyse emerging cluster developments.
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