"clusters of innovation" is correct and usable in written English.
You can use it when referring to a certain group of people/companies that are driving the innovation of a certain industry. For example, "Silicon Valley is renowned for its clusters of innovation, leading the technology world into the future."
It has lots of farms but is also industrial (the home of Volkswagen) and urban, with several clusters of innovation.
In his new paper "Does the 'New Economy' Measure Up to the Great Inventions of the Past?" he argues that each of five "clusters" of innovation -- electricity, the internal combustion engine, modern chemistry, mass media and plumbing -- was in itself a bigger deal than the digital revolution as a whole.
"You need to be close to the clusters of innovation to get people who've interacted with leaders in the field," says Cedric Loiret-Bernal of NanoInk, a Chicago-based start-up.A key challenge for firms and investors is where to focus.
Mensch argued that clusters of innovation could arise to success during depressive economic cycles.
As recent research from the startup Seedcamp startup programme has shown, clusters of innovation are spread far and wide across Europe.
Eventually, the innovation milieu concepts (sixth generation) were developed which look at theories of growth of regional clusters of innovation and high technology and the importance of geographical location for knowledge generation (Feldman 1994; Keeble and Wilkinson 2000).
Britain is the base for more manufacturers than any other European country: seven major carmakers, eight premium producers, nine bus builders and dozens of niche manufacturers – as well as eight of the 11 Formula One teams, a cluster of innovation that ripples through the industry.
Using the inductive, data-driven method (Boyatzis, 1998), a code was developed along three clusters: Form of Innovation, External Benefit and Internal Benefit.
A study on French competitiveness clusters questions the clustering effect of innovation networks mainly led by big firms on the capacity building of SMEs.
In his 2009 book, "The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity," Richard Florida argues that the modern economy requires a different layout: "The coming decades will likely see more intense clustering of jobs, innovation and productivity in a smaller number of bigger cities and city-regions," he writes.
"San Francisco is just one of the clusters of technology and innovation that are forming now," he said.
