Hubs and Nodes is a geographic model, explaining how linked regions can cooperate to fulfill elements of an industry's value chain, and collectively gain sufficient mass to drive innovation growth. The model of hubs and nodes builds on Porter's cluster model which served well in the past, but as businesses and regions around the world have adjusted to the realities of globalization, the concept of clusters is becoming outdated.
Read more about Hubs And Nodes: Disaggregation of Clusters
Famous quotes containing the words hubs and/or nodes:
“He sent for lancewood to make the thills;
The crossbars were ash, from the straightest trees;
The panels of white-wood, that cuts like cheese,
But lasts like iron for things like these;
The hubs of logs from the “Settler’s ellum,”—
Last of its timber,—they couldn’t sell ‘em,”
—Oliver Wendell Holmes, Sr. (1809–1894)
“There are characters which are continually creating collisions and nodes for themselves in dramas which nobody is prepared to act with them. Their susceptibilities will clash against objects that remain innocently quiet.”
—George Eliot [Mary Ann (or Marian)