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"-�low to create a portfolio of clusters? <br />As with "financial portfolio theory" the benefit of a portfolio <br />of clusters are the spread of risk .and ability to maintain <br />regional momentum when clusters behave "out -of - <br />phase". <br />However, strategic management of a portfolio of economic <br />clusters will also <br />benefit from: <br />Inter -cluster economic transactions (sustainable energy <br />as both an exporter and productivity improver) <br />An educational culture that does not depend on the <br />content of education <br />• Technology spillovers <br />• Intellectual revolutions <br />spend their reputations <br />through actions as well <br />ideasof • . • <br />to <br />and careers in spreading ideas <br />as i <br />