The Development of Economic Clusters: Innovative Competitiveness of Locational We-Economics (Kindle Version)

I’ve been studying and thinking about economic clusters for nearly 15 years. My approach hasn’t always followed traditional economic lines—I’ve blended it with non-traditional social perspectives to better understand the microtransactions that form the backbone of an economic system. Too often, we’re socialized into conventional economic thinking, which overlooks the millions of small social and economic interactions that make an economy resilient and thriving. These dynamics can operate at the local level, helping communities hedge against market shifts, or at the regional (or even national) level, where broader industry collaboration takes place.

The book grew out of 350+ pages of writing and reviewing other research and condesced into under 50 so the idea can be better understood. It distills these ideas into a simple, concise framework for how a TRIC—Transactional Rapid Innovation Cluster—could potentially be built with the right local, regional, or national support. There may be organic and structured methods of doing this.

While the book is meant primarily as food for thought, research suggests that such microtransactions could, in fact, be measured and applied to improve economic development and human capital formation. Done well, this could evolve into a sustainable economic engine that benefits both local communities and wider stakeholders (i.e. investors, other areas, other industries). Who doesn't love thriving communities or industries?

I’ll be writing a number of short pieces like this to help promote the book. They are just thoughts and ideas on a line of thinking. It’s part of a small series that also includes two related works—one focused on individual leadership, and another on socialized economic development. Together, they offer complementary perspectives, each adding something new to the conversation. An economic system is complex so don't expect anyone to have a complete understanding or solution. However, it is possible to see the merit in looking at things in a new way for a modern digital era of AI.

You can review and purchase by clicking the link. They might make good birthday gifts, send to your relatives, and just buy and burn in a barrel so you might want to stock up!!!!! 😆$9.50 Kindle Edition (at the time of this post.).

The Development of Economic Clusters: Innovative Competitiveness of Locational We-Economics