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"industry clustering" is a correct and usable phrase in written English.
It refers to the practice of companies within the same industry locating their operations in close proximity to each other in order to benefit from shared resources and collaboration. An example sentence using "industry clustering" could be: "The success of the tech industry in Silicon Valley can be attributed to the strong industry clustering that allows for easy access to talent, funding, and innovation."
Exact(5)
What are the main mechanisms driving the process of industry clustering?
We found that among all exogenous variables racial diversity and industry clustering have the most significant direct effect on innovation productivity.
The three judging criteria will be the potential impact of fiber on the business (30%), the potential to improve broadband infrastructure in underserved areas (40%) and the potential for industry clustering (30%).
Our results generally echo the findings of previous studies about the key role of industry clustering, place quality amenities, diversity and tolerance on the three drivers of robust local knowledge economy.
It enlightens the field on the geographic origins of creative destruction by theorizing about a region's structural (determined by industry clustering and regional knowledge), social demography and political economy attributes, and their influence on the region's capacity to incubate creative destruction.
Similar(55)
Japan's drug industry, clustered around Tokyo, is unhappy at the prospect of a new clinical-trial centre in Kobe that would help foreign firms to gain approval for their products in Japan.
Much has been written about the benefits of industries "clustering" together, as they do in Hollywood, Silicon Valley or the City of London.
Belfast's skyline has been transformed as new office buildings, apartments and industries cluster the city's waterfront.
Not all of them can succeed.In addition, when industries cluster in one location, pollution also concentrates in the same spot.
We argue that industries cluster because entrepreneurs find it difficult to leverage the social ties necessary to mobilize essential resources when they reside far from those resources.
In the background, the macroeconomic situation has shaken powerful industries, clustered wealth in fewer hands, democratized innovation, and ignited the mainstream popularity of attempting to building the next Facebook.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com