Aspects of Successful Cluster Management of the Seventh District's Largest Cities
Cities that become hubs for regional economic expansion share some similar traits. There are benefits to opening businesses within existing clusters that lead to overall development of profitable opportunities. To understand this is beneficial to look at a district and how the cities are fostering their economic development. A study within the Economic Perspectives Journal offers insight into benefits of clusters within the U.S.'s seventh districts largest cities (Matton & Wange, 2014). Wages, patents, and economic growth are often associated with hub oriented cities that support the development of strong industry clusters. Each of the regions appears to have their own competencies such as automotive, technology, aerospace, rubber, transportation, as well as other market driven activities. When enough of these industries exist and work in collaboration they have formed a meaningful cluster. Each city tries to actively manage these clusters with varying degrees of success of