THE BOSTON ROUTE 128 MODEL OF HIGH-TECH INDUSTRY DEVELOPMENT

Jarunee Wonglimpiyarat ()
Additional contact information
Jarunee Wonglimpiyarat: Boston University, 704 Commonwealth Avenue, Boston, MA 02215, USA;

International Journal of Innovation Management (ijim), 2006, vol. 10, issue 01, 47-63

Abstract: This study applies the concept of industrial clusters to explain the development of technologically sophisticated region of Boston Route 128. It is argued that the success of Boston, Massachusetts, is rooted in innovation, entrepreneurial management and the policy towards technology commercialisation. To consider the argument, the paper proposes the cluster model to capture the specific features of Boston Route 128. It represents a model of the universities working with industries to form a cluster of high-technology-based firms. The venture capital accelerates the process of technology commercialisation, giving rise to a new Boston model of innovation management. Policy makers may use the Boston model as a benchmark to evaluate their performance in supporting high-tech industries.

Keywords: Boston Route 128; high-tech industries; venture capital; industrial clusters; incubators; entrepreneurial finance (search for similar items in EconPapers)
Date: 2006
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1363919606001399
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijimxx:v:10:y:2006:i:01:n:s1363919606001399

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1363919606001399

Access Statistics for this article

International Journal of Innovation Management (ijim) is currently edited by Joe Tidd

More articles in International Journal of Innovation Management (ijim) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().