Answers following questions, and make sure no more than two pages.
1. What are clusters? Why is cluster based innovation becoming an important feature of global R&D strategy?
2. "For a cluster to be successful, it needs some common infrastructure." Do you agree with this statement? Why or why not?
3. What factors in the success of Silicon Valley make it hard to replicate elsewhere?
4. What, in your opinion, are the three major threats that innovation clusters face? What can clusters do to avoid or manage these threats?