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Co‐located firms within related industries enhance the ability to create knowledge by variation and a deepened division of labour. The interdependent development between economic activities and local institutions make the cluster attractive to some industries and hostile to others. The very...
This paper presents a systematic account of the idea and content of regional innovation systems following discoveries made by regional scientists, economic geographers and innovation analysts. It considers the conditions and criteria for empirical recognition and judgement as to whether...
Silicon Valley in California and the Hsinchu‐Taipei region of Taiwan are among the most frequently cited ‘miracles’ of the information technology era. The dominant accounts of these successes treat them in isolation, focusing either on free markets, multinationals or the role of the state....
This paper discusses the results of a two‐year research project on the sources of success in regional clusters of entrepreneurship and innovation like Silicon Valley. Our project has studied a number of locations, most of which have shown spectacular rates of growth of information and...
In a rapidly globalizing economy, and particularly in the face of a process of economic integration such as that occurring in the EU, regions forge an increasing number of linkages with other locations within and across national boundaries through the local technological development efforts of...
This paper re‐examines critically the growing literature on localized knowledge spillovers (LKSs), and finds the econometric evidence on the subject still lacking a firm theoretical background, especially in relation to the more recent developments in the economics of knowledge. LKSs as...
This paper outlines the development of an entrepreneurial culture in the US Capitol region and the formation of a regional industrial cluster. The conditions that the literature associates with entrepreneurship lag rather than lead the development of the cluster. Supportive social capital,...
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