As the first organisation established in Greece for the structured and systematic management and development of innovation clusters, Corallia works in the field of cohesive and productive innovative ecosystems within which actors operate in a coordinated manner, in specific sectors and regions of the country, and where a competitive advantage and export orientation exists.
In those clusters, Corallia acts as a cluster facilitator (cluster initiative or cluster organisation) implementing targeted support actions, which involve all innovation ecosystem actors, including industry, universities, research centres, financial institutions, regional and national authorities, infrastructure providers, suppliers and buyers, media, etc.
The development of integrated innovation ecosystems follows an innovative progress as described below:
Input: Combined use of the factors of production with a focus on thematic activities and geographical concentration
Process: Capitalization on internationally appraised practices, followed by creative adjustment and implementation in the local environment
Output: Clusters' operation as innovative nodes able to unveil successful paradigms and business practices which decrease potential barriers to entry in international markets ("develop regionally and compete globally")
Corallia has already developed and currently supports the growth of three highly-specialised cluster initiatives in Greece, in knowledge-intensive thematic sectors, namely the gi-Cluster (gaming and creative technologies & applications), the mi-Cluster (nano/microelectronics-based systems and applications) and the si-Cluster (space technologies and applications).