Industry clusters can create a wave of business success

Successful clusters of competing, complementary and interdependent businesses can boost the wealth of regions – including South Australia – if they are developed and supported in the right way, writes Richard Blandy. The wine industry is our classic economic cluster, of course: myriad small, high-tech firms, networked together with strong intellectual and research foundations, and brilliantly marketed. Collectively, they produce a world-class product that sells competitively all over the planet.