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  3. Building High-Tech Clusters
  • Cited by 111
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    • Publisher:
      Cambridge University Press
      Publication date:
      June 2012
      April 2004
      ISBN:
      9780511802911
      9780521827225
      9780521143486
      DOI:
      https://doi.org/10.1017/CBO9780511802911
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.663kg, 382 Pages
      Dimensions:
      (229 x 152 mm)
      Weight & Pages:
      0.56kg, 384 Pages
      • Subjects:
      Economics, Industrial Economics, Economic Development and Growth
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    Subjects:
    Economics, Industrial Economics, Economic Development and Growth
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    Book description

    This book was first published in 2004. National economic growth is fueled by the development of high technology clusters such as Silicon Valley. The contributors examine the founding of ten clusters that have been successful at an early stage of growth in information technology. Their key finding is that the economics of starting a cluster is very different from the positive feedback loop that sustains an established cluster. While 'nothing succeeds like success' in an established cluster, far more difficult, risky and unlikely are the initial conditions that give rise to successful clusters. The contributors find regularities in the start of the successful clusters studied, including Silicon Valley around 1964. These cases contain 'old economy' factors such as competencies, firm building capabilities, managerial skills, and connection to markets, more than the flamboyant 'new economy' factors that have been highlighted in prevailing years.

    Reviews

    Review of the hardback:'By covering a wide range of cases around the world they can make meaningful comparisons and contrasts … a collection of essays with a clear purpose and in a coherent manner … is certainly a book worth reading and recommending.'

    Source: Environment and Planning C: Government and Policy

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