Influential research associated with the "varieties of capitalism" literature has argued that countries with liberal market orientations, such as the United States and the United Kingdom, can more easily design policies to cultivate success in new technology industries compared to countries associated with organized economies, such as Germany and Sweden.
The book's empirical findings support the view that national institutional factors strongly condition the success of new technology policies. However, the study also identifies important cases in which radically innovative new technology firms have thrived within organized economies. Through examining cases of both success and failure Creating Silicon Valley in Europe helps identify constellations of market and governmental activities that can lead to the emergence of sustainable clusters of new technology firms across both organized and liberal market economies.
Can Europe ever build its own Silicon Valley?
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Publications Pages Publications Pages. Search my Subject Specializations: Select Users without a subscription are not able to see the full content. Creating Silicon Valley in Europe: Public Policy Towards New Technology Industries Steven Casper Abstract Through the s and early s, a strength of the United States economy has been its ability to foster large numbers of small innovative technology companies, a few of which have grown to dominate new industries, such as Microsoft, Genentech, or Google.