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Global Clusters of Innovation

Global Clusters of Innovation

Entrepreneurial Engines of Economic Growth around the World

Edited by Jerome S. Engel

In the geography of the global economy, there are known ‘hot spots’ where new technologies germinate at an astounding rate and pools of capital, expertise and talent foster the development of new industries and new ways of doing business. These clusters of innovation are significant drivers of value creation and function as models for economic expansion in both developed and developing countries. This book explores the key attributes of these innovation hubs using case studies from around the world.

Chapter 13: Intel Corporation: the role of a global enterprise in supporting regional entrepreneurship and innovation clusters

Manav Subodh

Subjects: business and management, entrepreneurship, economics and finance, economics of innovation, innovation and technology, economics of innovation, innovation policy, urban and regional studies, regional economics


Globalization has created interconnectedness among nations on economic, social, cultural and political fronts. Technology, culture, communication – name the field and all geographic boundaries have been transcended. One often hears the phrase ‘the world has shrunk’. It has shrunk in terms of distances, yet grown in terms of dependencies, thereby giving rise to the perception of a connected world. While there may be a debate on the positives and challenges of this connectedness, it is here to stay. As Global Manager for Entrepreneurship and Innovation, Corporate Affairs for Intel Corporation, I was recently invited to speak on entrepreneurship and innovation at a design school in India. While touring the campus, I saw a group of students learning the art of weaving. The sheer simplicity of the process caught my attention and interest. There was a wooden structure, a weaving loom that enabled two sets of thread to interlace at right angles and form a fabric. The principle is that the warps are held tightly on the loom and the wefts are inserted across the warps. The manner in which the warps and wefts are inter-woven defines the characteristics and quality of the cloth. It seems quite simple and straightforward.

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