This chapter is an empirical study of growth and change in the Cambridge hi-technology cluster, and the mechanisms that underlie this growth. Despite high rates of new firm formation that explain the sustained growth of employment in the region, this growth has not been spectacular. Further,...

This empirical paper investigates the impact of different sources of increasing returns on firm innovative behaviour in two regions of the UK in the period of the 1990s when the new economy is believed to have emerged. We pay particular attention to the impact of the intermediation in the form...

This empirical paper investigates the impact of different sources of increasing returns on firm innovative behaviour in different regions of the UK. Of the different sources of increasing returns, the impact of intermediation and the emergence of specialised markets on the probability of...

This chapter studies the evolution of the computer software and services market in the UK. We show that independent vendors of software gradually replaced in-house development of software in the UK in a process of gradual vertical disintegration. We trace the demand and supply side influences on...

This paper studies industrial concentration in Indian manufacturing sectors over the period 1970 to 1999. Given that Indian industry was highly regulated till the mid-1980s, the market structure in most manufacturing sectors was largely shaped by government policy. Deregulation after 1985...

This paper studies the emergence of new countries as contributors to technology generation in the world economy and assesses the relationship between this and globalisation (through trade, inward FDI and international migration). It considers two measures of technology generation, viz. a...

A key feature of the South East regional economy in recent decades has been the development of several intermediate markets in specialised business services. This paper investigates whether the greater development of specialised markets in the South East is associated with different competitive...

It is commonly believed that the business environment in developing countries does not allow productive technology-based entrepreneurship to flourish. In this paper, we draw on the experience of Indian software firms where entrepreneurial growth has belied these predictions. This paper argues...

It is commonly believed that the business environment in developing countries does not allow productive technology-based entrepreneurship to flourish. In this paper, we draw on the experience of Indian software firms where entrepreneurial growth has belied these predictions. This paper argues...

Internationalisation is a useful strategy to gain firm specific advantages during periods of technological discontinuity. The pharmaceutical industry offers us two such episodes as examples: when the antibiotics revolution was beginning and when the possibilities of genetic routes to new drug...