Value Chain Glossary: Agglomeration Strategy

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Agglomeration Strategy

An approach for increasing the horizontal coordination between firms performing similar functions in a sector. Coordination between agglomerated firms optimally results in transaction cost savings, collective economic efficiencies, learning, and/or economies of scale. Economies of scale created through agglomeration strategies can accelerate innovation through more rapid problem solving and greater market access. Examples include a trader organizing the collection of outputs from multiple firms or, alternatively, the collection of outputs being organized by a producer cooperative or an exporter.

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