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The Regional Cluster
Mapping Project profiles the economy of the Metropolitan New
York, Metropolitan Philadelphia, and New Jersey Region through the framework of the
Porter Cluster Model.
- The analysis covers the entire
region, as illustrated in the map below, as well as its constituent
economic areas, metropolitan areas, counties, and distressed inner
cities.
- Clusters are geographic
concentrations of interconnected companies, specialized suppliers,
service providers, and associated institutions in a particular field
that are present in a nation or region. Clusters arise because they
increase the productivity with which companies can compete. The
development and upgrading of clusters is an important agenda for
governments, companies, and other institutions.
- The theory and clustering
methodology employed in this project were developed by Prof. Michael
E. Porter. The methodology provides a systematic approach for
defining the industries that should be included in each cluster and
is based on a statistical analysis of data on cluster composition
across a large sample of economies in the U.S..
A more detailed description of this
project, including its methodology, is available from the 'HELP'
link at the bottom of this page. This project is a joint effort of the
Princeton University Policy Research Institute for the Region, The
Institute for Strategy and Competitiveness at Harvard Business School,
and the Initiative for a Competitive Inner City. See below for
further information available from each of these organizations. |
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