Joel Marcus discusses the concept of clusters and their significance in driving innovation, economic growth, and the future of various industries. Joel explains the genesis of the cluster model and its four critical qualities: location, proximity to science centers, depth of scientific talent, and access to risk capital. We discuss how clusters have evolved globally and the emergence of sub-clusters due to factors like housing prices, transportation challenges, and the need for amenities. The conversation also explores the potential of sub-clusters and their impact on industries such as life sciences, technology, and agritech.
Read Michael's corresponding article for Forbes here:
https://www.forbes.com/sites/forbesinsights/2020/03/17/why-investment-and-ip-clustering-is-key-to-an-innovative-future-across-the-globe-with-joel-marcus/?sh=1ca042e45e1c
Michael Gale's Futures In Focus