The Organization and Dynamics of Clustering and Innovation in the Ocean Technology Sector in Newfoundland and Labrador and the St. John’s City-Region

Abstract

The organization and dynamics of industry clustering and innovation are key factors in contemporary regional economic development.1 In Newfoundland and Labrador generally, and the St. John’s cityregion specifically, industries in the ocean technology sector are perceived to be of special importance to the region’s present and future economic performance.2 Yet, the dynamics of clustering and innovation in this sector are not well understood.3 Region specific clustering initiatives such as Oceans Advance exist, but to what extent are clustering activities present? Is a learning and innovation system present? Also, while Oceans Advance represents a large number of firms engaged in a wide range of activity in the ocean technology sector, other firms and organizations not currently part of the Oceans Advance initiative may nevertheless be important contributors to Newfoundland’s ocean technology sector. This study analyzes the organization and dynamics of clustering and innovation in the ocean technology sector and suggests possible recommendations to stakeholders in government and industry for enhancing the sector’s competitiveness.

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