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Cluster Effect
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. 1998, Clusters 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 has since become a focus for many government programs. The un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thuringia
Thuringia (; german: Thüringen ), officially the Free State of Thuringia ( ), is a state of central Germany, covering , the sixth smallest of the sixteen German states. It has a population of about 2.1 million. Erfurt is the capital and largest city. Other cities are Jena, Gera and Weimar. Thuringia is bordered by Bavaria, Hesse, Lower Saxony, Saxony-Anhalt, and Saxony. 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 left-bank tributary of the Elbe. Thuringia is home to the Rennsteig, Germany's best-known hiking trail. Its winter resort of Oberhof makes it a well-equipped winter sports destination – half of Germany's 136 Winter Olympic gold medals had been won by Thuringian athletes as of 2014. Thuringia was favoured by or was the birthplace of three key intellectuals and leaders in the arts: Johann Sebastian Bach, Johann Wolfgang von Goet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knowledge Economy
The knowledge economy (or the knowledge-based economy) is an economic system in which the production of goods and services is based principally on knowledge-intensive activities that contribute to advancement in technical and scientific innovation. The key element of value is the greater dependence on human capital and intellectual property for the source of the innovative ideas, information and practices. Organisations are required to capitalise this "knowledge" into their production to stimulate and deepen the business development process. There is less reliance on physical input and natural resources. A knowledge-based economy relies on the crucial role of intangible assets within the organisations' settings in facilitating modern economic growth. A knowledge economy features a highly skilled workforce within the microeconomic and macroeconomic environment; institutions and industries create jobs that demand specialized skills in order to meet the global market ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High Technology
High technology (high tech), also known as advanced technology (advanced tech) or exotechnology, is technology that is at the cutting edge: the highest form of technology available. It can be defined as either the most complex or the newest technology on the market. The opposite of high tech is ''low technology'', referring to simple, often traditional or mechanical technology; for example, a slide rule is a low-tech calculating device. When high tech becomes old, it becomes low tech, for example vacuum tube electronics. The phrase was used in a 1958 ''The New York Times'' story advocating "atomic energy" for Europe: "... Western Europe, with its dense population and its high technology ...." Robert Metz used the term in a financial column in 1969, saying Arthur H. Collins of Collins Radio "controls a score of high technology patents in a variety of fields." and in a 1971 article used the abbreviated form, "high tech." A widely used classification of high-technological manuf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply Chain
In commerce, a supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products to customers through a distribution system. It refers to the network of organizations, people, activities, information, and resources involved in delivering a product or service to a consumer. Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product and delivering the same to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on. Overview A typical supply chain begins with the ecological, biological, and political regulation of natural resources, followed by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Birmingham
Birmingham ( ) is a City status in the United Kingdom, city and metropolitan borough in the metropolitan county of West Midlands (county), West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1.145 million in the city proper, 2.92 million in the West Midlands (county), West Midlands metropolitan county, and approximately 4.3 million in the Birmingham metropolitan area, wider metropolitan area. It is the ESPON metropolitan areas in the United Kingdom, largest UK metropolitan area outside of London. Birmingham is known as the second city of the United Kingdom. Located in the West Midlands (region), West Midlands region of England, approximately from London, Birmingham is considered to be the social, cultural, financial and commercial centre of the Midlands. Distinctively, Birmingham only has small rivers flowing through it, mainly the River Tame, West Midlands, River Tame and its tributaries River Rea and River Cole, West Midlands ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 give the Park a new dimension, provide clarity and 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 wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solent
The Solent ( ) is a strait between the Isle of Wight and Great Britain. 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 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. Portsmouth lies on its shores. 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 landscape importance, particularly because of the coastal and estuarine habi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cowes
Cowes () is an English 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 chain ferry. As of 2020 it had an estimated population of 14,724. 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 Prince Albert popularised. History Name The name ''Westcowe'' was attested in 1413 as the name of one of two sandbank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South East England
South East England is one of the nine official regions of England at the first level of ITL for statistical purposes. It consists of the counties of Buckinghamshire, East Sussex, Hampshire, the Isle of Wight, Kent, Oxfordshire, Berkshire, Surrey and West Sussex. Major towns and cities in the region include Brighton and Hove, Milton Keynes, Southampton, Portsmouth, Slough, Reading and Oxford. South East England is the third largest region of England, with an area of 19,096 km2 (7,373 sq mi), and is also the most populous with a total population of over eight and a half million (2011). The region contains seven legally chartered cities: Brighton and Hove, Canterbury, Chichester, Oxford, Portsmouth, Southampton and Winchester. The region's close proximity to London and connections to several national motorways have led to South East England becoming a prosperous economic hub with the largest economy of any region in the UK, after London. The region is home to Gat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netherlands
) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherlands , established_title2 = Act of Abjuration , established_date2 = 26 July 1581 , established_title3 = Peace of Münster , established_date3 = 30 January 1648 , established_title4 = Kingdom established , established_date4 = 16 March 1815 , established_title5 = Liberation Day , established_date5 = 5 May 1945 , established_title6 = Kingdom Charter , established_date6 = 15 December 1954 , established_title7 = Caribbean reorganisation , established_date7 = 10 October 2010 , official_languages = Dutch , languages_type = Regional languages , languages_sub = yes , languages = , languages2_type = Recognised languages , languages2_sub = yes , languages2 = , demonym = Dutch , capital = Amsterdam , largest_city = capital , ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 renown French oenophiles, in a blind tasting, ranked the California wines higher than the primer French labels in the Chardonnay (white) and Cabernet Sauvignon (red) categories. Taber (2005), pp216–220 The result caused a ‘sho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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