The report, “Centers, Cities, Clusters: Encouraging Innovation Through Sustainable Urban Design,’ published by American Planning Association, focuses on sustainable economic development through case studies from Barcelona, Boston and Curitiba highlighting innovative strategies for economic development in urban cores.
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Innovation Clusters
HBS professor William R. Kerr and doctoral candidate Scott Duke Kominers develop a theoretical model for analyzing the forces that drive agglomeration, or industrial clustering. The model highlights how agglomerative forces lead to localized, individual connections among firms, while interaction costs generate a defined distance over which attraction forces operate.
In a time when Europe must be restructured economically after the recession, clustering presents an ideal way to ensure local economic development and the EU’ s future competitiveness, based on integrated, robust foundations that raise productivity and the implementation of innovation, according to “Clustering and City Competitiveness – an introduction’ guide.
McKinsey has partnered with the World Economic Forum to create an “Innovation Heat Map,’ by identifying factors that are common to successful innovation hubs. As part of this effort, they have examined the evolution of hundreds of such clusters around the world and analyzed over 700 variables,