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Creating Silicon Valley in Europe : Public policy towards new technology industries

Author: Steven Casper
Publisher: Oxford : Oxford University Press, 2007
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
Through the 1990s and early 2000s the strength of the United States economy has been linked to its ability to foster large numbers of small innovative technology companies, a few of which have grown to dominate new industries, such as Microsoft, Genentech, or Google. US technology clusters such as Silicon Valley have become tremendous engines of innovation and wealth creation, and the envy of governments around the  Read more...
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Document Type: Book
All Authors / Contributors: Steven Casper
ISBN: 0199269521 9780199269525
OCLC Number: 481829769
Description: 218 s
Contents: Introduction --
Varieties of capitalism and innovation: the silicon valley model --
How an American technology cluster emerged and became sustainable: San Diego biotechnology --
The German biotechnology industry: the limits of orchestrated innovation --
Biotechnology in the UK: good but not great --
Alternative pathways to competitiveness within CMEs: the subsector specialization argument --
Regional strategies to sustain radical innovation: Internet software --
Conclusion --
References

Abstract:

Creating Silicon Valleys in Europe employs careful empirical studies of the biotechnology and software industries in the United States and several European economies, to examine the relative success  Read more...

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   schema:description "Through the 1990s and early 2000s the strength of the United States economy has been linked to its ability to foster large numbers of small innovative technology companies, a few of which have grown to dominate new industries, such as Microsoft, Genentech, or Google. US technology clusters such as Silicon Valley have become tremendous engines of innovation and wealth creation, and the envy of governments around the world. Creating Silicon Valley in Europe examines trajectories by which new technology industries emerge and become sustainable across different types of economies. Governments around the world have poured vast sums of money into policies designed to foster clusters of similar start-up firms in their economies. This book employs careful empirical studies of the biotechnology and software industries in the United States and several European economies, to examine the relative success of policies aimed at cultivating the 'Silicon Valley model' of organizing and financing companies in Europe. Influential research associated with the 'varieties of capitalism' literature has argued that countries with liberal market orientations, such as the United States and the United Kingdom, can more easily design policies to cultivate success in new technology industries compared to countries associated with organized economies, such as Germany and Sweden. The book's empirical findings support the view that national institutional factors strongly condition the success of new technology policies. However, the study also identifies important cases in which radically innovative new technology firms have thrived within organized economies. Through examining case of both success and failure Creating Silicon Valley in Europe helps identify constellations of market and governmental activities that can lead to the emergence of sustainable clusters of new technology firms across both organized and liberal market economies" ;
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