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Business Cluster
A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally. Accounting is a part of the business cluster. In urban studies, the term agglomeration is used.Porter, M. E. 1998Clusters and the New Economics of Competition ''Harvard Business Review'', Nov/Dec98, Vol. 76 Issue 6, p77, Clusters are also important aspects of strategic management. Concept The term business cluster, also known as an industry cluster, competitive cluster, or Porterian cluster, was introduced and popularized by Michael Porter in ''The Competitive Advantage of Nations'' (1990). The importance of economic geography, or more correctly geographical economics, was also brought to attention by Paul Krugman in ''Geography and Trade'' (1991). Cluster development relies on the underlying concepts established by Alfred Ma ...
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Business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from Sole proprietorship, sole proprietors and partnerships. Corporations are separate and unique Legal person, legal entities from their shareholde ...
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Silicon Valley
Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley. The term "Silicon Valley" refers to the area in which high-tech business has proliferated in Northern California, and it also serves as a general metonymy, metonym for California's high-tech business sector. The cities of Sunnyvale, California, Sunnyvale, Mountain View, California, Mountain View, Palo Alto, California, Palo Alto and Menlo Park, California, Menlo Park are frequently cited as the birthplace of Silicon Valley. Other major Silicon Valley cities are San Jose, California, San Jose, Santa Clara, California, Santa Clara, Redwood City, California, Redwood City and Cupertino, California, Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zürich, Switzerland, and Oslo, Norway), accor ...
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Aston Science Park
Birmingham Science Park Aston, formerly known as Aston Science Park, is a science park located in Birmingham City Centre, United Kingdom. It is located adjacent to Aston University and the Eastside area. Description Birmingham Science Park Aston (BSPA) was founded in 1982 and as such is the UK's third oldest science park. Located in its urban setting within central Birmingham, it offers 250,000 sq ft of accommodation over 14 acres. Two campuses BSPA is wholly owned by Birmingham City Council. To pave the way for a £35 million development zone, it is now presented as two campuses; the Science & Technology Campus and the Innovation Birmingham Campus. The Science and Technology Campus The Science & Technology Campus encompasses a range of multi-occupied and headquarters style single occupancy buildings owned by Birmingham City Council and serviced by the Innovation Birmingham team. The Innovation Birmingham Campus is working in partnership with a wide range of stakeholde ...
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Solent
The Solent ( ) is a strait between the Isle of Wight and mainland Great Britain; the major historic ports of Southampton and Portsmouth lie inland of its shores. It is about long and varies in width between , although the Hurst Spit which projects into the Solent narrows the sea crossing between Hurst Castle and Colwell Bay to just over . The Solent is a major shipping lane for passenger, freight and military vessels. It is also an important recreational area for water sports, particularly yachting, hosting the Cowes Week sailing event annually. It is sheltered by the Isle of Wight and has a complex tidal pattern, which has benefited Southampton's success as a port, providing a "double high tide" that extends the tidal window during which deep-draught ships can be handled. Spithead, an area off Gilkicker Point near Gosport, is known as the place where the Royal Navy is traditionally reviewed by the monarch of the day. The area is of great ecological and landscap ...
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Cowes
Cowes () is an England, English port, seaport town and civil parish on the Isle of Wight. Cowes is located on the west bank of the estuary of the River Medina, facing the smaller town of East Cowes on the east bank. The two towns are linked by the Cowes Floating Bridge, a cable ferry, chain ferry. Cowes has a population of 14,370 according to the United Kingdom Census 2021, 2021 Census. Charles Godfrey Leland's 19th-century verses describe the towns poetically as "The two great Cowes that in loud thunder roar/This on the eastern, that the western shore". Cowes has been seen as a home for international yacht racing since the founding of the Royal Yacht Squadron in 1815. It gives its name to the world's oldest regular regatta, Cowes Week, which occurs annually in the first week of August. Later, powerboat races are held. Much of the town's architecture is still heavily influenced by the style of ornate building that Albert, Prince Consort, Prince Albert popularised. History ...
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South East England
South East England is one of the nine official regions of England, regions of England that are in the ITL 1 statistical regions of England, top level category for Statistics, statistical purposes. It consists of the nine counties of england, counties of Berkshire, Buckinghamshire, East Sussex, Hampshire, the Isle of Wight, Kent, Oxfordshire, Surrey and West Sussex. South East England is the third-largest region of England, with a land area of , and is also the most populous with a total population of in . South East England contains eight legally city status in the United Kingdom, chartered cities: Brighton and Hove, Canterbury, Chichester, Milton Keynes, Oxford, Portsmouth, Southampton and Winchester. Officially it does not include London, which is a separate region. The geographical term for "South East England" may differ from the official definition of the region, for example London, Bedfordshire, Hertfordshire and Essex are sometimes referred to as being in the south ...
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Netherlands
, Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Netherlands. The Netherlands consists of Provinces of the Netherlands, twelve provinces; it borders Germany to the east and Belgium to the south, with a North Sea coastline to the north and west. It shares Maritime boundary, maritime borders with the United Kingdom, Germany, and Belgium. The official language is Dutch language, Dutch, with West Frisian language, West Frisian as a secondary official language in the province of Friesland. Dutch, English_language, English, and Papiamento are official in the Caribbean Netherlands, Caribbean territories. The people who are from the Netherlands is often referred to as Dutch people, Dutch Ethnicity, Ethnicity group, not to be confused by the language. ''Netherlands'' literally means "lower countries" i ...
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California Wine
California wine production has a rich viticulture history since 1680 when Spanish Jesuit missionaries planted ''Vitis vinifera'' vines native to the Mediterranean region in their established missions to produce wine for religious services. In the 1770s, Spanish missionaries continued the practice under the direction of the Father Junípero Serra who planted California's first vineyard at Mission San Juan Capistrano. Its contemporary wine production grew steadily since the end of Prohibition, but mostly known for its sweet, port-style and jug wine products. As the market favored French brands, California's table wine business grew modestly, Taber (2005), p40 but quickly gained international prominence at the Paris Wine Tasting of 1976, when renowned French oenophiles, in a blind tasting, ranked the California wines higher than the premier French labels in the Chardonnay (white) and Cabernet Sauvignon (red) categories. Taber (2005), pp216–220 The result caused a ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ...
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Germany
Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total population of over 84 million in an area of , making it the most populous member state of the European Union. It borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The Capital of Germany, nation's capital and List of cities in Germany by population, most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in the territory of modern Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic peoples, Germanic tribes have inhabited the northern parts of modern Germany since classical ...
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Central Germany (cultural Area)
Central Germany ( ) is an economic and cultural region in Germany. Its exact borders depend on context, but it is often defined as being a region within the federal states of Saxony, Thuringia and Saxony-Anhalt, or a smaller part of this region, such as the metropolitan area of Leipzig and Halle plus the surrounding counties. The name dates from the German Empire, when the region was approximately in the centre of the country. Since the German Empire's eastern territories became part of Poland and Russia in the aftermath of World War II, "Central Germany" has been located east of the centre of the country, but the name is still often used in business, media and by the Central German Metropolitan Region. Against this background, the term is not or no longer to be understood as a geographic term. History Historically also including most of Hesse, parts of Franconia and the south of Lower Saxony, the region is described as an area south of the linguistic Benrath line where C ...
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Thuringia
Thuringia (; officially the Free State of Thuringia, ) is one of Germany, Germany's 16 States of Germany, states. With 2.1 million people, it is 12th-largest by population, and with 16,171 square kilometers, it is 11th-largest in area. Erfurt is the capital and largest city. Other cities include Jena, Gera and Weimar. Thuringia is bordered by Bavaria, Hesse, Lower Saxony, Saxony, and Saxony-Anhalt. It has been known as "the green heart of Germany" () from the late 19th century due to its broad, dense forest. Most of Thuringia is in the Saale drainage basin, a bank (geography), left-bank tributary of the Elbe. Thuringia is home to the Rennsteig, Germany's best-known hiking, hiking trail. Its winter resort of Oberhof, Germany, Oberhof makes it a well-equipped winter sports destination – half of Germany's 136 Winter Olympics, Winter Olympic gold medals had been won by Thuringian athletes as of 2014. Thuringia was favoured by or was the birthplace of three key intellectu ...
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