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SPECIAL REPORT / Europe seeks to capitalise on clusters of internet-driven businesses – such as those in Dublin and Helsinki – whose success relies on a mixture of policy initiatives ranging from education through to taxation, but also word-of-mouth. One of the key drivers leading companies to gather in Silicon-Valley-style hubs, however, is the simple fact that others have done so.

“When you gather a lot of talented people in one location there is obviously a natural exchange of ideas and cooperation between the companies in that cluster,” said Kenneth Fredriksen, vice president of Huawei’s Central European and Nordic region.

To read the original article: Europe looks to tech hubs to lure foreign investment | EurActiv