ettevõtlusklaster
Ettevõtlusklaster, often translated as business cluster or enterprise cluster, refers to a geographical concentration of interconnected companies, suppliers, service providers, and associated institutions in a particular field. These entities are located in close proximity to each other, fostering collaboration and competition. The concept was popularized by Michael Porter, who highlighted how clusters can enhance productivity, drive innovation, and stimulate the formation of new businesses.
The key characteristic of an ettevõtlusklaster is the synergistic relationship between its members. This proximity facilitates
Examples of well-known clusters include Silicon Valley for technology, Hollywood for entertainment, and the fashion districts