St. John's ocean technology cluster: can government make it so?

The St. John's (Newfoundland and Labrador) Ocean Technology Cluster arises from a natural regional interest and historical economic activities in the ocean, and a more recent series of public sector investments in research and educational facilities. The St. John's Cluster is compared to a...

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Bibliographic Details
Main Author: Colbourne, D. B.
Format: Article in Journal/Newspaper
Language:unknown
Published: 2006
Subjects:
Online Access:https://nrc-publications.canada.ca/eng/view/ft/?id=d1b065c8-9cb9-4ea5-89f1-cf76e165f29c
https://nrc-publications.canada.ca/eng/view/object/?id=d1b065c8-9cb9-4ea5-89f1-cf76e165f29c
https://nrc-publications.canada.ca/fra/voir/objet/?id=d1b065c8-9cb9-4ea5-89f1-cf76e165f29c
Description
Summary:The St. John's (Newfoundland and Labrador) Ocean Technology Cluster arises from a natural regional interest and historical economic activities in the ocean, and a more recent series of public sector investments in research and educational facilities. The St. John's Cluster is compared to a more developed Finnish Maritime Cluster and some recent literature on clusters and economic development. The comparison indicates that government policy towards the St. John's cluster needs to shift emphasis from research per se to a stronger industrial presence, supported by research, and a background economic environment that is broadly attractive to business and individuals. An active domestic market in primary marine activities is identified as a potential base for a stronger ocean technology industries cluster. Government actions, including continued investments in education research and infrastructure, creation of an attractive tax environment and the use of government operational requirements in ocean activities to create support industry opportunities, are recommended. Peer reviewed: Yes NRC publication: Yes