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Assessing the Success of an Industrial Cluster

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  • Neil Reid

    (The University of Toledo, USA)

  • Bruce W. Smith

    (Bowling Green State University, USA)

Abstract

Industrial clusters have received considerable attention as a regional development strategy. While their efficacy has been debated by academics, clusters have become popular among practitioners. Despite clusters’ acceptance, there have been few attempts to measure their success or their impact on constituent firms. This paper outlines and discusses the metrics developed to evaluate the success of the northwest Ohio greenhouse cluster. The cluster was launched in 2004 to help the industry become more competitive though collaborative problem solving. In identifying success metrics, the authors were cognizant of the fact that they had to reflect the cluster’s objectives and goals. Thus metrics that measured the impact of branding and marketing efforts, reducing energy costs, and increasing collaboration among cluster stakeholders were developed. The work reported in this paper is only the beginning phases of a longer-term, on-going effort to track the progress and success of the northwest Ohio greenhouse cluster.

Suggested Citation

  • Neil Reid & Bruce W. Smith, 2012. "Assessing the Success of an Industrial Cluster," International Journal of Applied Geospatial Research (IJAGR), IGI Global, vol. 3(3), pages 21-36, July.
    • Handle: RePEc:igg:jagr00:v:3:y:2012:i:3:p:21-36
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