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Agenda - 05-05-2009 - 3b
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Agenda - 05-05-2009 - 3b
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5/1/2009 11:53:35 AM
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5/1/2009 11:53:33 AM
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BOCC
Date
5/5/2009
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
3b
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Minutes - 20090505
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\Board of County Commissioners\Minutes - Approved\2000's\2009
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16 <br />DEVELOPMENT OF A SOLAR CLUSTER IN ORANGE COUNTY April 13, 2009 <br />Orange County Economic Development Commission <br />four factors that increase the success of a cluster: identify what makes the region <br />distinctive, being able to move the industry cluster beyond critical mass to develop the <br />synergy critical for cluster, encouraging the cluster's shazed needs, and solidifying the <br />collaboration between cluster members. Focusing on these factors will be key in <br />development of the proposed solar cluster. <br />The interdependence of clusters is the basic part of what makes this concept <br />successful. The firms that make up the cluster may not make exactly the same product <br />...[when] institutions that <br />constitute a cluster systematically <br />work together toward shared <br />goals, they create a kind of <br />sy n e rg y... ~~ From "Clusters and Competitive <br />Advantage: Finding a Niche in the new Economy, <br />Jonathon Q. Morgan, 2004. <br />but they share similar industry <br />components, including labor, <br />infrastructure and services (Morgan, <br />2004). A cluster development can be <br />viewed as a type of industry <br />incentive by highlighting the cost savings resulting from the economies of scale by <br />offering the cluster companies access to suppliers, customers, workforce, technology, <br />financing and a variety of support services (Morgan, 2004). A cluster is more than just a <br />collection of related firms - a cluster of firms requires interaction and collaboration <br />among firms (Morgan, 2004). <br />Although it is thought that often cluster development is unplanned and develop <br />where the product market is located, development of a cluster can be guided by a local <br />government by targeting a specific industry, recruiting firms within this industry, and <br />providing the resources to support the growth of the targeted industry. Clusters are an <br />economic way to utilize economic development resources by allowing a local <br />government to focus their resources on a larger group of businesses, and tailor their <br />For EDC use only 10 <br />
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