Economic Clusters: Universities as a Catalyst for Development
Keywords:
Creative Economy, Technology, Cluster EconomyAbstract
Effective local and regional economic planning have been accomplished by development professionals through a concept known as industry clustering. The benefits of industry clustering are that firms are able to capture economic benefits that ultimately spill over into the community at large. This initiative can lead to new capabilities and economic growth in the community. The article focuses on the Regional Economic Study competed by the PricewaterhouseCoopers on behalf of the University of Waterloo (UW) and their positive community impact.
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This work is licensed under a Creative Commons Attribution 4.0 International License.
All content published in the Economic Development Journal of Canada is available under a Creative Commons Attribution Attribution (CC BY) International 4.0 license. The journal owns copyright for all works published prior to June 2020. The author(s) retain copyright for all works published after June 2020.