New research shows that firms in clusters are far more innovative!

New research shows that firms in clusters are far more innovative!

New research, yet again, confirms that clusters help the rate of innovation. A study of the biotech firms displays, that firms placed in a strong cluster are up to 8 times more innovative in comparison with firms placed outside the clusters. Previous Danish research presents that the innovation strength of firms can be up to 4 times higher, if they are placed within a cluster. But with the new findings the cluster effects on innovation have become even more central.

Real the full cluster study HERE.