Creating Silicon Valley In Europe: Public Policy Towards New Technology Industries In Comparative Perspective
by Steven Casper /
2007 / English / PDF
1.4 MB Download
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.
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
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.
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 cases of both success and failure
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 cases of both success and failureCreating Silicon Valley in Europe
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.
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.