Technology clusters Flashcards
What are technology clusters? Which are their synonyms?
geographically concentrated high-tech activities with a high innovation level, connected both vertically and horizontally and sharing a common vision through coopetition.
Synonyms: innovative milieus, tech valleys, competitive clusters
Which categories of technology clusters exist (5)?
- horizontally integrated
- vertically integrated
- hierarchical (oligopolistic firm around which evolve other companies linked through contractual constraints)
- research driven
- Scumpeterian Silicon Valley (series of complementary innovative activities)
What is the difference between traditional industrial districts and technology clusters?
- innovation is radical, focusing on integrating scientific knowledge into new products
- It links scientific knowledge with the business system
- Its genesis is related to an actor who acts as a cluster engine (top-down)
What are bridging institutions? And which role do they play?
Research centers and firms which promote the creation of sub-clusters or start-ups, increasing the production capacity of knowledge and attracting managers and investors.
Anglo-Saxon model
- strong private universities networks enhancing R&D
- Federal funding to R&D in strategic areas
- active role of venture capital
European model
Based on public intervention, where policies aim to improve competitiveness in specific sectors or to support R&D activities. These policy strategies contribute to shape trajectories in cluster formation and change.
Poles de competitivité and their goal
Clusters involving small and large firms in a particular sector and territory, whose goal is to build synergies and collaborative innovative projects
Which type of activities do poles de competitivité support?
Sectors with a large technological component
Which are the roles of technological clusters?
- Build up international competitiveness
- Promote cooperation among enterprises (particularly SMEs) building bridges among European IEs
- Support SMEs internationalization process to allow them to access GVC
Which economic theory sees the State as the actor leading the long term economic trajectories to pursue general interests?
Colbertism