Building High-Tech Clusters
Silicon Valley and Beyond
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Building High-Tech Clusters by Timothy F. Bresnahan
Book DescriptionThis 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.
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Book DetailsISBN: 9780521827225
(228mm x 152mm x 22mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 5-Apr-2004
Country of Publication: United Kingdom
Books By Author Timothy F. Bresnahan
Building High-Tech Clusters, Paperback (June 2010)» View all books by Timothy F. Bresnahan
Examines how clusters of industrial and technological innovation such as Silicon Valley get started.
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