Required real world situations and current events

Reference no: EM1335084

Economic clustering

Need help using economic theory and applying to real world situations and current events. I'm not as familiar with clustering in an economic aspect, moreso know from a marketing aspect.I am aware that firms are clustered according to their geography. The drug industry uses this a great deal, but others don't. Don't understand the criteria for clustering. Are there factors? Does the internet affect this idea?

Reference no: EM1335084

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