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It’s going to break many hearts around Europe where innovation clusters have been strongly advocated at all levels of policy making but a recent Norwegian study found that a firms international connections were far more important than local clusters. That means the future for many regions and companies lies in building those international pipelines (partnerships, ideas, possibilities) rather than relying on local cluster subsidies.

Of course clusters remain relevant to support an industry – it would be interesting to know how often clusters are effective when a sector is in decline as opposed to the growth potential of clustering.

As I picked up on this story at Canada’s Globe and Mail – via my LinkedIn page – I will let them tell it. Suffice it to say in conclusion though that I think firms should be seeking to extend their connectivity, build more international connections and live more in the Cloud.

To read the full, original article click on this link: Clusters Not Relevant to Innovation | InnovationManagement

Author: Haydn Shaughnessy