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The tendency for innovative industry to clusterspatially has been documented by scholarship; yet, questions are still raisedabout the role of government policy in cluster formation andsustainability. The authors focus on the emergence of the U.S. Capitolregion as an important biotech cluster in...
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This paper outlines the development of an entrepreneurial culture in the US Capitol region and the formation of a regional industrial cluster. The conditions that the literature associates with entrepreneurship lag rather than lead the development of the cluster. Supportive social capital,...
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Using detailed data on Canadian biotechnology firms during the 1990s, we explore the geographic scope of knowledge spillovers and the balance spillover-seeking and expropriation-avoidance in entrants locations. Our findings indicate that knowledge spillovers are highly localized, with entrants...
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