1.3.6 Quaternary Sector Flashcards
1
Q
Examples of quaternary clusters?
A
Silicon Valley, California
Tech City (Silicon Roundabout), London
2
Q
What factors have made Silicon Valley a successful quaternary cluster?
A
- Stanford University
- Lots of investors and start-up culture
- Changing lifestyle and culture
- Government investment
- Larger, global talent pool
- Talent refuses to leave
- Lots of airports (San Fran, San Jose, Oakland)
- Nice place, weather, beach
3
Q
Give some negative impacts of Silicon Valley
A
- Local people needed to move out (gentrification) (home owners)
- Not well integrated - resources shared between local and tech workers
- Less gender diversity
- Highway 101 is very jammed
4
Q
Give some positive impacts of Silicon Valley
A
- Good for local home owners (gentrification)
- More diversity (and demand for other cultures)
- Culture may influence local people
- Lots of tax money
5
Q
Explain why a larger, global talent pool has caused the growth of quaternary clusters
A
- People are likely to accept a job if they get flown across the world to Silicon Valley
- More high-skill workers
- Can benefit from intense education found abroad
- Tech companies have more to spend on competing for the best workers