Is Fairfield's Sugar Cluster Economic Development What Fairfield Needs?
Study Puts In A Question As To Whether Fairfield Should Continue Promoting Lower Wage Factory Jobs. Fairfield City Hall prides itself with having its economic development focus on bringing in large industrial type companies. They mention the sugar related industries as being a cluster to develop. However do clusters really work? Maybe they do, maybe they don't.
One thing is clear, Fairfield could focus more on creating higher paying jobs. But instead the city might even fight private efforts to bring higher paying jobs as explained in FixFairfield.org's blog.
Higher paying Fairfield jobs means less crime.
“…the author looked at the financial advantages, and costs, that clusters provided for firms throughout the life cycle of two innovative industries — semiconductors and pharmaceuticals. He examined 31 years of data on 194 publicly traded companies, which enabled him to see how clustered and nonclustered firms performed at various points in an industry’s life cycle. Surprisingly, the author found no clear evidence that clusters enhance a firm’s financial performance.”
Think about Fairfield's Sugar Cluster Economic Development
while reading this article http://developmentmarketing.blogspot.com/2010/06/does-location-really-matter.html
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