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Books > Business & Economics > Business & management > Business competition
Why is it that in the '90s, business in California's Silicon Valley
flourished, while along Route 128 in Massachusetts it declined? The
answer, Annalee Saxenian suggests, has to do with the fact that
despite similar histories and technologies, Silicon Valley
developed a decentralized but cooperative industrial system while
Route 128 came to be dominated by independent, self-sufficient
corporations. The result of more than one hundred interviews, this
compelling analysis highlights the importance of local sources of
competitive advantage in a volatile world economy.
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