High-Tech Cluster Revolution from an Organizational Ecology Perspective
Deborah E. Lange
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Deborah E. Lange: Memorial University of Newfoundland, Canada
Chapter Chapter Eight in Cross-Sector Leadership for the Green Economy, 2011, pp 141-155 from Palgrave Macmillan
Abstract:
Abstract The green revolution offers a plethora of potential innovation, much of which will take place in high-tech clusters. These clusters thus become interesting settings for testing and extending theories of organizational ecology, a set of theories that explain how selection processes shape population level organizational adaptation to environmental variation. This theory can be used to explain the adaptation of a new industry to an incumbent one. What happens when a new industry encroaches on the incumbent industry’s space? To what extent are the new and old industries able to survive and coexist? What is the effect of the second-generation industry’s movement into a niche incumbents already occupy?
Keywords: Venture Capital; Factor Market; Industrial Cluster; Incumbent Firm; Specialized Employee (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-01589-1_8
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DOI: 10.1057/9781137015891_8
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