When companies form a technology cluster it often results in
A) greater security among the companies to prevent industrial spying from competitors who are now located close by.
B) less new startups because people who have interest in this industry would prefer to work for an established company.
C) a shrinking supply of trained labor due to the competition for the skills needed by the industry among the companies in the area.
D) the attraction of other firms to the area.

Question

Quizplus · Accepted Answer

When companies form a technology cluster, it often results in the attraction of other firms to the area as companies benefit from the proximity to other firms in the same industry. This can lead to further growth and development of the technology cluster.

When Companies Form a Technology Cluster It Often Results in