The Silicon Valley Edge: A Habitat for Innovation and Entrepreneurship

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Chong-Moon Lee
Stanford University Press, 2000 - Business & Economics - 424 pages
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The enormous and sustained success of Silicon Valley has excited interest around the globe. Startup companies the world over are attempting to emulate its high tech businesses, and many governments are changing their institutions in order to foster Silicon Valleys of their own. What accounts for the Valley’s leading edge in innovation and entrepreneurship?

This book gives an answer by insiders, by prominent business leaders and academics from the heart of the Valley. They argue that what distinguishes the Valley is not its scientific advances or technological breakthroughs. Instead, its edge derives from a “habitat” or environment that is tuned to turn ideas into products and take them rapidly to market by creating new firms.

This habitat includes supportive government regulations for new firm formation, leading research universities that interact with industry, an exceptionally talented and highly mobile work force, and experienced support services in such areas as finance, law, accounting, headhunting, and marketing, all specializing in helping new companies form and grow. Not least is a spirit of adventure and a willingness to take risks.

The elements of this habitat are packed into a small geographic area. In it, networks of specialists form communities of practice within which ideas develop and circulate and from which new products and new firms emerge. Feedback processes are strongly at work: the successes of Valley firms strengthen the habitat, and the stronger it becomes, the more new, successful firms are created.

Among industries, electronics came into the Valley first, followed by semiconductors, computers, software, and, in the 1990s, biotechnology, networking, and the Internet. This extraordinary ability to keep adding new industrial sectors itself affects the prospect for the Silicon Valley's future. What lies ahead? From within, the Valley faces serious challenges in defining a new generation of entrepreneurs, addressing a growing digital divide, and maintaining quality of life. At the same time, the Valley must redefine its global role with respect to other rising innovative regions worldwide. Nevertheless, the proven ability of its highly effective habitat suggests that in both innovation and entrepreneurship, Silicon Valley will maintain its edge.
  

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The editors (all connected with Stanford Universiy) use contributions from 25 authors, business professionals, and academics to trace the unique evolution of Silicon Valley from 1949 to the present ... Read full review

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Contents

The Silicon Valley Habitat
1
A Profile of the Valleys Evolving Structure
46
Innovation in Business Models
81
Four Styles of Valley Entrepreneurship
94
The Internet Revolution and Silicon Valley
124
Fairchild Semiconductor and Its Influence
158
A Deans Reflections
200
Commercial Bank Financing
314
The Influence of Executive Search Firms
342
Why Accountants are Valued
355
Sustaining the Edge
380
REFERENCES
399
Copyright

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The Silicon Valley Edge: A Habitat for Innovation and ...
cover for The Silicon Valley Edge The Silicon Valley Edge A Habitat for Innovation and Entrepreneurship Edited by Chong-Moon Lee, William F. Miller, ...
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From the prune capital of America to Silicon Valley: Knowledge ...
557. Thunderbird International Business Review, Vol. 44(4) 557–563 • July–August 2002. © 2002 Wiley Periodicals, Inc. • Published online at Wiley ...
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619 Silicon Valley is the goal of much of today’s industrial ...
Reviews. 619. Martin Kenney, ed. Understanding Silicon Valley: The Anatomy of an Entrepre-. neurial Region. Stanford, Calif.: Stanford University Press ...
es.oxfordjournals.org/ cgi/ reprint/ 2/ 3/ 619.pdf

Globalism,Regionalism,and the New Economic Geography
Globalism,Regionalism,and the New. Economic Geography. William F.Miller. Herbert Hoover Professor of Public & Private Management Emeritus ...
www.rieti.go.jp/ en/ events/ bbl/ 02101101.pdf

Access to Venture Capital and the Performance of Venture-Backed ...
The Silicon Valley edge: A habitat for innovation and entrepreneurship. Stanford, CA: Stanford University Press. Lerner, J. (1995). ...
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A dynamic model of cyber-entrepreneurship and cluster formation
The Silicon Valley Edge. A Habitat for Innovation and Entrepreneurship. Stanford University Press. 25 Nesheim, jl, 1997. High Tech Startup. ...
portal.acm.org/ citation.cfm?id=773592.773594

Silicon Valley Books: Fact and Fiction - Go Milpitas!
Here's a list of recommended books about life in the Silicon Valley area, chosen by your Go Milpitas Guide for their outstanding features and editorial ...
www.gomilpitas.com/ booksSV.htm

Asian countries still face obstacles to match us entrepreneurship ...
Asian countries still face obstacles to match us entrepreneurship, experts say. BY KATHLEEN O'TOOLE. English speakers are now out-numbered by non-English ...
news-service.stanford.edu/ news/ 2000/ june7/ asiainnovate-67.html

The semiconductor community in the Silicon Valley: a network ...
The Silicon Valley Edge: A Habitat for Innovation and Entrepreneurship, Stanford University. Press, Stanford, California, pp.218–247. ...
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Developing a National Software Strategy: Some IP Considerations
and Rowen, H. (2001) (Eds.) The Silicon Valley Edge: a Habitat for Innovation and Entrepreneurship,. Stanford University Press, Palo Alto, CA. ...
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About the author (2000)

Chong-Moon Lee is Chairman and CEO of AmBex Venture Group and Consulting Professor of the Asia/Pacific Research Center, Stanford University. William F. Miller is Herbert Hoover Professor of Public and Private Management Emeritus at the Graduate School of Business, Stanford University. Marguerite Gong Hancock is Project Manager of the Silicon Valley Networks Project at Stanford University. Henry S. Rowen is Professor of Public Policy and Management Emeritus at the Graduate School of Business and Director of the Asia/Pacific Research Center at Stanford University.

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