Silicon Envy: How Global Innovation Clusters Hurt or Stimulate Each Other Across Developed and Emerging Markets
44 Pages Posted: 22 Feb 2018
Date Written: February 14, 2018
This study is the first to show intercluster dynamics as important drivers of cluster growth. Authors draw upon two distinct views: the “regional competition” theory emphasizes the ensuing rivalry across global clusters; versus the “coopetition” view suggests mutually beneficial growth. Based on monthly counts of patents, startups and commercializations on ten global clusters over 1999-2014, results show that rival clusters facilitate rather than hurt each other’s growth due to resources complementarities, supporting the coopetition view. Reverse fertilization occurs from emerging to developed clusters: emerging clusters’ growth stimulates developed clusters’ productivity, as nascent firms seek market opportunities at a global scale.
Keywords: Innovation, Clusters, Inter-Cluster Effects, Silicon Valley, Emerging Markets, Competition collaboration, coopetition, patents, startups
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