The period of unprecedented expansion of immigrant-led entrepreneurship that characterized the 1980s and 1990s has come to a close. Today, the growth rate of immigrant-founded companies nationwide, at 24.3 percent, has plateaued. In the high-tech hub of Silicon Valley, the proportion of...

Frontmatter -- CONTENTS -- PREFACE TO THE PAPERBACK EDITION -- PROLOGUE -- INTRODUCTION: LOCAL INDUSTRIAL SYSTEMS -- 1 GENESIS: UNIVERSITIES, MILITARY SPENDING, AND ENTREPRENEURS -- 2 SILICON VALLEY: COMPETITION AND COMMUNITY -- 3 ROUTE 128: INDEPENDENCE AND HIERARCHY -- 4 BETTING ON A PRODUCT...

Transnational entrepreneurs--US-educated immigrant engineers whose activities span national borders--are creating new economic opportunities for formerly peripheral economies around the world. As talented immigrants who have studied and worked in the USA return to their home countries to take...

The enormous and sustained success of Silicon Valley has excited interest around the globe. Startup companies the world over are attempting to emulate its high tech businesses, and many governments are changing their institutions in order to foster Silicon Valleys of their own. What accounts for...

In this comprehensive original reference work, the editors have brought together an unrivalled group of distinguished scholars and practitioners to comment on the historical and contemporary role of industrial districts (IDs).

The first book in this important new series, under the general editorship of Nobel Laureate Robert Solow, Institutions, Innovation and Growth assembles a stellar cast of international contributors. Leading economists join the debate on innovation and economic growth, focussing on a broad...