Clusters are the concentration of homogeneous enterprises producing similar products or providing identical services along with relevant backward and forward linkage enterprises in a particular geographic location sharing common opportunities and threats. Clusters are mainly two types based of...

There is no universally accepted definition of a cluster. Experts in different regions of the world, however, have defined cluster as per respective national economies. Porter (2003) defines a cluster as a 'geographically proximate group of interconnected companies, suppliers, service providers...

Michael Porter, father of the concept of 'industrial cluster', defined cluster as a 'geographic concentration of interconnected businesses and associated institutions in a particular field'. In this definition, we are getting three criteria of an industrial cluster. These are (a) a geographic...

Experts in many countries and development agencies have defined cluster-based on respective reality of economy and industrialization. In Bangladesh, the SME Foundation has for the first time defined cluster in Bangladesh as a geographical location (five square km) having 50 or more manufacturing...