European Clusters Tour Report

  • 04/04/2017
  • Industry Report

Prepared by: Peter Schutz and Mirjana Prica

Clusters are groups of similar and related businesses in a defined geographic area that share common markets, technologies and worker skill needs. Europe has a strong cluster approach to operating their economy and there are many examples across the continent that shows the improved economic activity resulting from the agglomeration of like-minded or related businesses in a region. Peter Schutz and Mirjana Prica, the Chairman and Managing Director of FIAL travelled to Europe to attend conferences on Clusters and Regional Innovation Policies to bring back learnings and recommendations for local implementation.