SOMEBODY IN Boston is about to get burned by the promise of high-tech development. Boston has four major medical and biotech clusters in various stages of assemblage. They’re all competing with Cambridge. Increasingly, it’s looking like Crosstown, the mayor’s last attempt at research-driven neighborhood-building, will be the odd cluster out, a victim of the city’s successes along the South Boston waterfront
Research clusters exist because good things happen when like-minded folks, be they colleagues or competitors, work alongside each other. By definition, clusters demand density. The bigger they are, the better. The opposite is true, too: As interdependent clusters are fractured and watered down, the returns they produce diminish. And since there’s only so much venture capital and government research funding to fight over, their potential size is finite as well.
To read the full, original article click on this link: The tech cluster glut - Boston.com
Author: PAUL MCMORROW
