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Regional Industry Cluster Analysis For The Potomac Highlands Region Of West Virginia, Jing Chen, Randall Jackson
Regional Industry Cluster Analysis For The Potomac Highlands Region Of West Virginia, Jing Chen, Randall Jackson
Bureau of Business & Economic Research
Industry clusters are defined as “a form of network that occurs within a geographical location, in which the proximity of firms and institutions ensures certain forms of commonality and increases the frequency and impact of interactions.”1 In this report we identify existing industrial clusters for the Potomac Highlands region in West Virginia and examine potential industries or clusters for economic development. The primary objective of this study is to use a variety of tools to analyze the industry cluster structure for Potomac Highlands and evaluate the strengths and gaps of existing industry clusters. Our cluster analysis comprises three parts: (1) …