Innovation clusters seek to stimulate innovation activity by creating localized communities of independent organizations that are all focused on developing new technologies relevant to a particular sector or global issue. This report introduces Lux’s methodology for understanding how a particular cluster supports the development and commercialization of innovative technologies. We developed a 10-metric fingerprint for parsing a cluster’s technology and services; we use these metrics to plot clusters on our Innovation Cluster Map such that clusters within each quadrant share similar qualities. Lux can work with clients to develop their cluster partnership portfolios, from identifying clusters that align to innovation needs to building out a questionnaire for exploratory conversations.
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