Government support on industrial cluster development: some lessons

Abstract

In the global market, competition among countries is likely between industrial cluster rather than individual firms. Developed and less developed countries strive to create global competitive and sustainable cluster which can attract investment and develop regional economy. Understanding best practices from the successful cluster development is valuable. This paper presents some lessons from an exploratory study investigating the industrial cluser development in Australia. The Australian government programs on cluster development is presented, and some lessons covering the cluster approach policy, cluster manager appointment, cluster sustainability, networking events, and use of ICT are discussed