Zebras are beautiful. They are powerful. They exist in nature. But if someone told you that you could paint a white jackass with black stripes and call it a zebra, you would send them packing. The necessary and sufficient conditions for breeding zebras are two mature adults of opposite gender, springtime, and some privacy.Economic clusters are effective. They are powerful. They exist in nature. So why do most economic policy makers think they can take some real estate, paint it with an anchor tenant and a name, and call it a cluster? The necessary, and often sufficient, condition for clusters is successful entrepreneurship.
Article by Daniel Isenberg on the website of The Economist about Clusters.
Image from Flickr user doug88888
