Regional innovation cluster

A regional innovation cluster is a geographic concentration of interconnected businesses, suppliers, service providers, and associated institutions in a particular field. A cluster initiative is a formally organized effort to promote cluster growth and competitiveness through collaborative activities among businesses, research and educational institutions, and public agencies. As one example, Life Sciences South Florida seeks to establish a cluster focused on life sciences, biotechnology, pharmaceuticals, diagnostics, and information technology. With support from 16 education, economic development, and research institutions, Life Sciences South Florida can work to increase research activity, accelerate research commercialization, and strengthen K-20 STEM education and talent development.

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