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Books > History > History of specific subjects > Economic history
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Building High-Tech Clusters - Silicon Valley and Beyond (Paperback)
Loot Price: R1,374
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Building High-Tech Clusters - Silicon Valley and Beyond (Paperback)
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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.
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