Futuresinfocus

Clusters of innovation have become a modern magic for cities and countries looking to bring together the best ideas, the best places to work and also be able to generate a magic for investors. The US. The UK, India, France, Israel, Africa and China are living examples of one of the fathers of this idea in practice. Joel Marcus is the Executive Chairman of Alexandria who kicked off the cluster process with Michael Porters cluster model for the bio tech industry on the east and the west coasts based. Porter’s model is based on four key variables: [1] the best centers of knowledge, [2] their closeness to great education centers, [3] a depth of relevant human capital and [4] deep risk capital capabilities.