Modern megacities are becoming centers of technological development, and IT clusters are an effective mechanism for stimulating the economy, attracting talents, creating competitive businesses and jobs. They form an innovative ecosystem of cities.
Each country has developed its own specific cluster model. The hallmark of the US model is inter-corporate competition. In Japan, clusters center around a leading company and are tailored to full-scale production with limited use of information technologies. The Chinese model relies on cooperation with major transnational firms through foreign investment and technology transfer from highly developed economies. The success of clusters depends on the seamless interaction between stakeholders and a favorable economic and legal environment.
- What role does innovation play in a city's position in the international market and its relations with other megacities?
- How can cities increase the effects of implementing cluster initiatives? What other steps should be taken? What are good examples of cooperation between cities and corporations and universities based on innovation clusters?
- How can we establish effective cross-sector cooperation to take advantage of the synergistic effect of innovation clusters?
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