Strategic Serendipity
What drives successful industry clustering in Australia, and specifically the northern Sydney region?
This project undertaken by Macquarie Graduate School of Management, University of Technology Sydney and Bugseye in collaboration with The Department of State and Regional Development (now part of Industry & Investment NSW) and the Australian Business Foundation.
The results are intended to contribute to Australian government planning and policy by providing an account of the attractors for businesses to a region, and of the opportunities for growth and the sustainable development of regions through clustering activities.
Overview & Comments
Northern Sydney's Global Technology Corridor spans northwest from North Sydney, takes in large commercial centres such as Chatswood and Macquarie Park and is home to many regional headquarters for large multinational companies. It has been identified by the NSW Government as an economic region of state, national and international significance.
By identifying industry sectors that may be engaged in clustering activities and gaps in linkages, further studies can be conducted on firm interactions, supply chains and networks to better understand what makes a successful cluster work.
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