Summary and Conclusions

Part of the Economics of Science, Technology and Innovation book series (ESTI, volume 13)


A sizable literature of descriptive studies has documented the important role of universities in the development of the world’s largest high technology concentrations. Silicon Valley in California, Route 128 around Boston, Massachusetts, and the Cambridge Phenomenon in England are the most recognized agglomerations of such high technology activities. Economic growth in all these three regions has been fostered by excellent local universities: Stanford University in Silicon Valley, MIT in Boston, and Cambridge University in Cambridge are strongly associated with their region’s economic success.


Knowledge Production Function High Technology Production State Level Analysis Gravity Index Distance Decay Pattern 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media New York 1998

Authors and Affiliations

  1. 1.Institute for Urban and Regional ResearchAustrian Academy of SciencesViennaAustria

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