Proactive regional, rural and small communities are recognising the imperative for building hubs and clusters. In South Australia the Regional Development Australia (RDA) is waiting for the South Australian Government to finalise the details of a new ‘cluster’ group initiative. The Government announced $2.9 million funding in June to develop the industry working groups, to improve communication between regional businesses.
RDA will trial the networks in the Riverland and Murraylands. RDA, Chief executive Brenton Lewis says ….”We never entered into this cluster development on the premise that we would attract State Government funding, it wasn’t even on the radar,” he said.
“We believe that collaboration in regional business, like-minded businesses, is a smart thing to do.“It’s difficult for the businesses themselves to raise up and make that happen but we’re in a fantastic position as RDA to be able to facilitate the coming together initially.”
Read More from South Australia Read More Posted Mon 21 Oct 2013
Building Hubs and Clusters
The benefits of clusters were spelled out in a Harvard Business Review article by professor Michael Porter, who defined them as “critical masses in one place of linked industries and institutions from suppliers to universities to government agencies – that enjoy unusual competitive success in a particular field.”
This critical mass, said Porter, has three important effects on competition: they increase productivity of local companies; they stimulate innovation; and prompt the creation of new businesses within the cluster.
Would you like to speak on hubs and clusters in regional development
Would you like to share your thoughts on: insights and experiences on developing community hubs; clusters; creating partnerships; community enagement and support; funding; and government support for these initiatives.
Building clusters and hubs for waste, bio-clusters and bio-hubs and energy hubs are very topical and we welcome submissions to speak at this conference on these topics.
Call for papers – hubs and clusters: would you like to speak on economic development at this conference?
Authors or organisations interested in submitting a paper or presenting a workshop are invited to submit an abstract of no more than 300 words outlining the aims, contents and conclusions of their paper or presentation; or about their intended role in a workshop.
Australian Regional Development Conference