Book Review: Entrepreneurial Education in Europe: The Silicon Valley Effect; Towards an Integrated Theory of Entrepreneurship; High-Tech Entrepreneurship — Identifying Opportunities, Understanding Markets

Author(s):  
Carter Crockett ◽  
Dieter Bögenhold ◽  
Khushdeep Dharni
2002 ◽  
Vol 3 (2) ◽  
pp. 247-284 ◽  
Author(s):  
Thomas Heinrich

Silicon Valley is frequently portrayed as a manifestation of postindustrial entrepreneurship, where ingenious inventor-businessmen and venture capitalists forged a dynamic, high-tech economy unencumbered by government's “heavy hand.” Closer examination reveals that government played a major role in launching and sustaining some of the region's core industries through military contracting. Focusing on leading firms in the microwave electronics, missile, satellite, and semiconductor industries, this article argues that demand for customized military technology encouraged contractors to embark on a course of flexible specialization, batch production, and continuous innovation. Thriving throughout much of the Cold War, major military contractors fell on hard times when defense markets started to shrink in the late 1980s, because specialized design and production capabilities were rarely applicable to civilian product lines. But Pentagon funding for research and development helped lay the technological groundwork for a new generation of startups, contributing to Silicon Valley's economic renaissance in the 1990s.


2019 ◽  
Author(s):  
Olav Sorenson ◽  
Doris Kwon

How does expansion in the high-tech sector influence the broader economy of a region? We demonstrate that an infusion of venture capital in a region appears associated with: (i) a decline in entrepreneurship, employment, and average incomes in other industries in the tradable sector; (ii) an increase in entrepreneurship and employment in the non-tradable sector; and (iii) an increase in income inequality in the non-tradable sector. An expansion in the high-tech sector therefore appears to lead to a less diverse tradable sector and to increasing inequality in the region.


Author(s):  
Alexandra Gerbasi ◽  
Dominika Latusek

This chapter presents results from the qualitative field study conducted in a Silicon Valley-based American-Polish start-up joint venture. It investigates the issues of collaboration within one firm that is made up of individuals from two countries that differ dramatically in generalized trust: Poland and the United States. The authors explore differences between thick, knowledge-based forms of trust and thin, more social capital-oriented forms of trust, and they discuss how these affect collaboration between representatives of both cultures. Finally, the authors address how these differences in trust can both benefit an organization and also cause it difficulties in managing its employees.


2019 ◽  
Vol 38 (4) ◽  
pp. 14-83
Author(s):  
Nathaniel Knopf
Keyword(s):  

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