Catalonia: A Global Example of Cluster Excellence

Michael Enright, Professor in Global Business at Northeastern University, delivered an inspiring keynote at Cluster Day 2024 in Catalonia, highlighting the strategic role of clusters in driving economic growth and competitiveness. In a video interview following his speech, he shared valuable insights into business strategy, the transformative power of clusters, and Catalonia’s unique position as a vibrant business hub in Southern Europe.

“Catalonia has been developing cluster initiatives for a long time, longer than anywhere else in the world”

Michael Enright, Professor in Global Business, Northeastern University

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Clusters: Catalonia’s competitive edge

During the interview, Professor Enright emphasized that clusters are at the heart of economic development, fostering collaboration, innovation, and shared resources. He praised Catalonia for its pioneering efforts in cluster development, noting that the region has been implementing cluster initiatives for longer than virtually anywhere else in the world.

“Catalonia’s history of collaboration, interaction, and information sharing is unparalleled. It has become a way of life here, setting the region apart from others globally,” Enright explained. This culture of collaboration enables companies in Catalonia to overcome challenges, share knowledge, and innovate together, creating a robust and resilient business ecosystem.

Why Catalonia stands out as a business hub

Professor Enright identified several factors that position Catalonia as a competitive region in the global economy. The region’s strong cluster policy is complemented by its vibrant and dynamic business environment. He described Catalonia as a place with a unique “style, drive, and activity” that fosters economic vibrancy and innovation.

“Without vibrancy, it’s hard to create economic activity,” Enright remarked. Catalonia’s ability to leverage its distinct qualities and foster collaboration among businesses, institutions, and talent has made it a model for regional economic development.

Driving growth through strategy and innovation

In addition to clusters, Enright discussed the importance of aligning business strategies with emerging trends such as digitalization, artificial intelligence, and resilient supply chains. He urged businesses to stay agile, innovate proactively, and embrace change as a driver of long-term growth.

Grow your business in Catalonia

Catalonia’s leadership in cluster initiatives and its thriving business ecosystem make it a prime location for companies seeking to grow and innovate. To explore how your business can thrive in Catalonia, contact Catalonia Trade & Investment today. Let us help you discover the opportunities that await in one of Southern Europe’s most dynamic regions.

Watch the full interview with Michael Enright to gain deeper insights into his perspectives on clusters and business strategy.