Terms of Reference for Implementing Cluster Initiatives
. Report written by ADEC Consultants Inc., Saint Laurent, Quebec, January 2007.
According to the report's authors, regions grow based on their ability to provide environments where firms want to cluster and concentrate, and therefore cluster initiatives
offer one justifiable foundation to lay long-term economic development strategies.
During the work on this project, which lasted from 2006 to 2008, extensive research on clusters and cluster initiatives
was carried out.
The determinants of successful cluster initiatives
include: the prevailing commitment of the private factor; catalytic function of the public institutions (investment policy, promoting innovativeness and entrepreneurship); the lowering public role in the long term; transparent innovation and cluster policy (e.g.
- Category one, Networking and cluster initiatives
supporting regional growth and SME access to global markets': A project in Wales, United Kingdom, on growth in environmental marine sciences, funded in the amount of 1.31 million by the European Regional Development Fund (ERDF)
It won the Networking and Cluster Initiatives
Supporting Regional Growth and SMEs' Access to Global Markets category.
The GEMS project has been selected in the Economic Competitiveness Theme for networking and cluster initiatives
supporting regional growth and SMEs' access to global markets.
Although more difficult to fill, with local support they could be put to good use to cater for start-ups, small and medium-sized enterprises or to attract enterprising students to set up their own cluster initiatives
"Because the bill would have the Commerce Department fund one-off cluster initiatives
rather than regional programs that promote cluster initiatives
more generally ..."
Research of cluster initiatives
is mainly based upon particular examples or case studies.
Benefits of cluster initiatives
for SMEs can be wiped out suddenly by political turmoil, macroeconomic changes and international economic crises, but in general they create a positive environment for productivity, innovation, creation of new jobs and businesses, and hereby add to the growth of SME sector competitiveness.
Additional steps by the EU world-class cluster initiatives
include the establishment of a program for training cluster management professionals to organize and coordinate cluster initiatives
, and the development of programs aimed at integrating innovative SMEs into clusters to promote technology transfer and support the internationalization of their product development activities.