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Why Industry Clusters Matter

Case Study Saturday | 11:15 am–12:30 pm | Osher

A Case Study on Industry Clusters

A case study that shows the balance between competition and a growing industry. How does Maine’s food and beverage industry continue to grow and not erode itself? How does this contribute to Maine’s hospitality and tourism industry. People don’t come to eat at one restaurant or have a beer at one brewery. People come so that they can have a total experience and visit many. What economies of scale happen when you have an industry cluster such as brewing? Does innovation accelerate because of the knowledge sharing? What is the culture of an industry cluster, and how does that foster continued growth, openness to new entrants, and sustained profits?