• Member
• August 12, 2022

CLUSTERS AS INCUBATOR OF IDEAS

                              Magic of Interaction

Geographic aggregators, or clusters, gain a competitive advantage because they serve as connectors, transmitters of ideas, and engines of economic growth. Clusters are structures that maximise connections and transactions, resulting in citizens becoming intellect magnifiers. Knowledge generated in clusters emerges spontaneously and decentralizedly, fuelled by markets and private incentives. Clusters have always been good at allowing for the free flow of ideas via peer-to-peer exchanges. The majority of innovations occur in clusters as a result of transaction maximisation.

                Core Competence  of Clusters

Every cluster is distinct, and it must reflect on its identity in order to differentiate, assess its core competencies, identify competitive advantage, develop a niche, and pursue its strategic intent based on its strengths. Srijan Sanchar has created a framework for identifying inherent physical, social, economic, cultural, and intellectual strengths of clusters. The talented interconnected citizens with multiple potentials for multitasking are key drivers of strength development.

                         Value Trajectory of Clusters

Exploring the Value Trajectory of Clusters is an interesting exercise because it has the potential to go beyond self-assessed legacy inside view of competencies and competitive advantage. A multi-perspective reflection on SWOT from multiple minds would aid in defining value trajectory. Srijan Sanchar employs the wisdom of crowds in search of multiple perspectives. The value proposition would be continuously updated in line with emerging technologies and management approaches such as the internet, IOT data sciences, artificial intelligence, Nano materials, 3D printing, etc .

                        Geography  of Innovation

A large number of S curves intersecting to form positive feedback loops or J curves of continuous innovation. Because of the inherent characteristics of clusters transaction maximisation, crowd sourcing is the instrument of choice for prioritising problems and crowdsourcing solutions.