1.3.6 Quaternary Sector Flashcards

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1
Q

Examples of quaternary clusters?

A

Silicon Valley, California
Tech City (Silicon Roundabout), London

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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
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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
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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
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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
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