Innovation is linked to the development and maintenance of state-of-the-art technology facilities that enable the progression of highly skilled professionals, ensuring competitive advantage and the overall success of industries within national and international economies. Choosing the right strategy for the construction and marketing of these facilities can determine their success or failure, since several determining factors influence whether firms will decide to lease a property. The FIZ Frankfurt Biotechnology Innovation Center is a technology cluster built using a market oriented strategy that integrates a facility's marketability into the construction process.
Technology Clusters: Shared Infrastructure
Numerous large and medium sized firms are now convinced that, in the future, there will be more business associations and that the competition for suitable partners will become more intense. Due to higher capital costs and fewer resources, firms are increasingly turning to cooperation to maintain their ability to innovate.