Entrepreneurship, the New Economy and Public Policy

Schumpeterian Perspectives

Editors: Cantner, Uwe, Dinopoulos, Elias, Lanzillotti, Robert F. (Eds.)

Buy this book

eBook 130,89 €
price for Spain (gross)
  • ISBN 978-3-540-26994-6
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 171,59 €
price for Spain (gross)
  • ISBN 978-3-540-22613-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 171,59 €
price for Spain (gross)
  • ISBN 978-3-642-06150-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

Silicon Valley is the most salient example of high-tech industrial clusters. Public policymakersthroughouttheworldwouldliketolearnthesecretsofSiliconValley in order to build their own high-tech economies. The existing literature on ind- trial clusters, which traces back to Marshall (1920), focuses on the way in which ?rms bene?t from locating in a cluster; it suggests that once a cluster comes into existence, it tends to reinforce itself by attracting more ?rms. However, a more important question is how to reach this critical mass in the ?rst place. In contrast to the literature, evidence suggests that entrepreneurs rarely move when they est- lish high-tech start-ups (Cooper and Folta, 2000). This contradicts the notion that location choice analyses lead entrepreneurs to a high-tech cluster. A high-tech industrial cluster such as Silicon Valley is characterized by c- centratedentrepreneurship. FollowingSchumpeter,weemphasizethefactthat“the appearance of one or a few entrepreneurs facilitates the appearance of others” (Schumpeter,1934). Weproposeanagent-basedcomputationalmodeltoshowhow high-tech industrial clusters could emerge in a landscape in which no ?rms existed originally. The model is essentially a spatial version of the Nelson-Winter model: Boundedly rational agents are scattered over an explicitly de?ned landscape. Each agent is endowed with some technology, which determines his ?rm’s productivity (if he has one). During each period of time, an agent with no ?rm would make a decision as to whether he wants to start one. This decision is mostly affected by the behavior of his social contacts, who are all his neighbors.

Table of contents (5 chapters)

  • Social networks and industrial geography

    Olav Sorenson

    Pages

    Preview Buy Chapter 30,19 €
  • Growing Silicon Valley on a landscape: an agent-based approach to high-tech industrial clusters

    Junfu Zhang

    Pages

    Preview Buy Chapter 30,19 €
  • Schumpeter, product innovation and public policy: the case of cigarettes

    Robert F. Lanzillotti

    Pages 11-32

    Preview Buy Chapter 30,19 €
  • Capital in the new economy: A Schumpeterian perspective

    Jim Stewart

    Pages 163-179

    Preview Buy Chapter 30,19 €
  • Nonlinear dynamism of innovation and business cycles

    Masaaki Hirooka

    Pages 289-316

    Preview Buy Chapter 30,19 €

Buy this book

eBook 130,89 €
price for Spain (gross)
  • ISBN 978-3-540-26994-6
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 171,59 €
price for Spain (gross)
  • ISBN 978-3-540-22613-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 171,59 €
price for Spain (gross)
  • ISBN 978-3-642-06150-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Loading...

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Entrepreneurship, the New Economy and Public Policy
Book Subtitle
Schumpeterian Perspectives
Editors
  • Uwe Cantner
  • Elias Dinopoulos
  • Robert F. Lanzillotti
Copyright
2005
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-26994-6
DOI
10.1007/b138441
Hardcover ISBN
978-3-540-22613-0
Softcover ISBN
978-3-642-06150-9
Edition Number
1
Number of Pages
VI, 346
Topics