8th International Strategic Management Conference, Barcelona, Spain, 21 - 23 June 2012, vol.58, pp.503-513
Clustering is defined as geographic concentration of companies operating in the same sector as well as having a close buyer and seller relationship with other sectors in the region, using common technologies and sharing a specialized workforce pool that will be provide competitive edge. Specialized suppliers, service providers, universities and companies of the related sector such as commercial enterprises form the clusters. Clustering can occur in a region, sector and even in a country.