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Author:Castilla, E. J.
Title:Networks of venture capital firms in Silicon Valley
Journal:International Journal of Technology Management
2003 : VOL. 25:1/2, p. 113-135
Index terms:NETWORKS
VENTURE CAPITAL COMPANIES
REGIONAL DEVELOPMENT
Language:eng
Abstract:By comparing the network structure of venture capital (VC) firms in Silicon Valley (California) to that of VC firms in Route 128 (Massachusetts), the present study challenges any market-centered theory of regional development. The author shows that there arc advantages in examining the structure of social networks of cooperation within the venture capital industry to understand the level of development of a region. The author supports two distinctive propositions regarding the regional advantage of Silicon Valley over other US high- technology regions such as Route 128. The collaboration among VC firms in Silicon Valley is more pronounced and dense than in Route 128.
SCIMA record nr: 248040
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