10/17/08

EU Commission: Enterprise and Industry Monitor - 17/10/08

Powerful clusters: Main drivers of Europe’s competitiveness
Competitive clusters are powerful engines of economic development and drivers for innovation in the European Union. They provide a fertile business environment for companies, especially Small and Medium sized Enterprises (SMEs), to collaborate with research institutions, suppliers, customers and competitors located in the same geographical area. A Commission communication published today, calls for more efforts for facilitating the emergence of world-class clusters in the European Union. It addresses key challenges to achieve this: Deepening the internal market, improving cluster policies, fostering trans-national cooperation, promoting excellence of cluster organisations, and improving the integration of innovative SMEs into clusters. [Europa]

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