Ifor Ffowcs-Williams, President and CEO of Cluster Navigators Ltd, in New Zealand, who is recognized as one of the most influential cluster professionals in the world, was invited to the 10th Latin American Congress of Clusters, held in Tijuana.
The specialist talked about how a strong and constantly evolving cluster can generate industrial transformations, economic stability in a region and positively impact the innovation, productivity and competitiveness of small and medium enterprises.
Associativity is the key for small and medium enterprises to overcome their barriers and scale production.”
President and CEO of Cluster Navigators Ltd
Ifor Ffowcs Identified 10 variables needed to successfully build and maintain a cluster. Here is a summary:
Long-term financial sustainability: to have financing instruments for the operation of the cluster.
Expand portfolio development through internationalization, development of skills, linkages among SMEs, technology, financing, cost reduction and service windows.
Coalition of companies: to move from a group of isolated companies to a group of companies that collaborates to co-create value and innovation.
Create knowledge infrastructure that eases the professional development of specialists, that is, to integrate support organizations such as government agencies and educational institutions into the cluster and encourage them to participate in work commissions and specific projects.
Establish a strategic cluster agenda that identifies the priority activities to be undertaken based on available resources..... Continue reading article here