Companies engaged in clustering typically show comparative advantage in three or four key areas:

  • Innovation and knowledge transfer: As part of a cluster, companies can better source new knowledge and pursue innovation opportunities through stronger links with institutions, service providers and educational establishments
  • Business productivity: Companies operating in a cluster operate more efficiently by taking better advantage of economies of scale and shared resources
  • Competitive advantage; companies can benefit through collaboration from joint participation in tenders and bids.
  • Market awareness: Clustering allows companies to serve existing markets better and to respond to future market changes, through the establishment of closer links with local clients and markets.
    Companies in a cluster can also act co-operatively in sourcing market data.

 

GBC1 SLL-Logo_150  A Collaborative Project co founded by
The Gozo Business Chamber and
Synaptic Laboratories Ltd

Eco Gozo Logo

Eco-Gozo – a Better Gozo Action Plan 2010 – 2012
Project part-financed by the Government of Malta - Ministry for Gozo
www.eco-gozo.com

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