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Clusters In Business - School Essays

Clusters In Business

Competitive advantage is not created within a single firm alone. Efficiency in internal operations is essential but not necessarily sufficient to compete globally. Factors external to the business are increasingly important. Each firm is inherently part of a "cluster" of activities made up of firms along the value chain as well as related and supporting organizations e.g. research and development, finance, worker skills, infrastructure. In general, clusters are geographic concentrations of interconnected companies, specialized suppliers, service providers, firms in related industries, and associated institutions in particular fields that compete but also cooperate. A cluster may ...

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that is currently developing a very attractive multimedia cluster is San Francisco, California. The cluster is constantly evolving as telecommunications and computer technologies combine in a rapid fashion. Defined broadly, the multimedia cluster is the creators, producers, and distributors of software and hardware that integrate video, sound, text, and graphics. This integration is all done in a digital medium to produce a multimedia product or service. Currently there is an estimated 2000 multimedia or multimedia-related industry firms concentrated in the San Francisco area.
The major components of the multimedia industry�s potential cluster in San Francisco are categorized as follows:
Technology providers - These are the producers of the enabling technology and include firms in computer hardware and software, consumer electronics, and digital communications. Examples include: Apple, Creative Labs
Multimedia developers - These are the integrators and developers of the "media" ...

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Added: 5/16/2008 09:37:02 AM
Category: Miscellaneous
Type: Premium Paper
Words: 964
Pages: 4

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