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How to Take Advantage of Business Clusters

Businesses located close to their competitors tend to prosper, writes Richard Mammone, citing studies showing that business clusters foster the sharing of knowledge, talent and industry-specific equipment. Although locating a company near its peers yields the best shot at success, situating a business near universities that specialize in the same field also has a positive effect, he points out.

By Richard Mammone

Full Story: http://www.businessweek.com/smallbiz/content/dec2009/sb2009128_428278.htm

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