'Cluster' is a concentration of interrelated industries in a particular geographical location. In Bangladesh, the SME Foundation has adopted a definition of clusters: "A Cluster is a concentration of enterprises producing similar products or services and is situated within an adjoining...

To avail the benefits of a cluster, government/cluster development authority has to select an appropriate model for cluster development. There are several cluster development models offered by the cluster development practitioners/agencies around the world. Notable cluster development models are...

Michael Porter, father of the industrial cluster concept 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...

Industries sector needs utilities and logistics support to grow. Ensuring industrial logistics and utilities from one corner of a country to the other is not possible for any new economy like post-liberation war Bangladesh. A dedicated government agency is required to facilitate industrial...

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...

SME Cluster Development could be an emerging force of entrepreneurship development, employment generation and poverty alleviation for any least developed country like Bangladesh. SMEs located at different clusters of Bangladesh are contributing in generating employment and income for the workers...

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...