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Tech Clusters

William R. Kerr and Frederic Robert-Nicoud

No 14143, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Tech clusters like Silicon Valley play a central role for modern innovation, business competitiveness, and economic performance. This paper reviews what constitutes a tech cluster, how they function internally, and the degree to which policy makers can purposefully foster them. We describe the growing influence of advanced technologies for businesses outside of traditional tech fields, the strains and backlash that tech clusters are experiencing, and emerging research questions for theory and empirical work.

Keywords: agglomeration; Clusters; entrepreneurship; Innovation; patents (search for similar items in EconPapers)
Date: 2019-11
New Economics Papers: this item is included in nep-cse, nep-ent, nep-geo, nep-ino, nep-pay and nep-sbm
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Journal Article: Tech Clusters (2020) Downloads
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