Furniture Cluster/Niche
The High Point Market has been noted for being a significant part of the region's furniture "cluster," which was discussed by sociologist Richard Florida and initially by economist Michael Porter. The High Point Market has also been the focus of an extensive case study by urban sociologist John Joe Schlichtman. In this research, High Point's ability to capture the global furniture merchandising market is said to signal a new era in what is possible for small cities. Along these lines, Schlichtman terms High Point a "Niche City", which is "a city that forges global centrality by creating an economic specialization in a specific segment of the global service economy."
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Famous quotes containing the words furniture, cluster and/or niche:
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