In a 2001 study, the Department of Trade and Industry identified 8 major clusters in Northern Ireland. The first Matrix report in 2008, which analysed likely trends in demand and indications of competitive strength in Northern Ireland, indicated 5 clusters in the region.
Did you know…?
Clusters are geographically close, interconnected companies and specialised suppliers within certain fields that work and co-operate with each other, as well as being competitors.
Support for these clusters includes helping companies access a skilled workforce, quality universities, good sites and investment capital. Growth in these clusters also attracts suitable suppliers and even customers to the area.
Collaboration in ‘clusters’ between businesses and associated institutions with common interests – such as universities, trade associations and public authorities – can result in a more competitive, productive and innovative environment.