search query: @author Ferrary, M. / total: 3
reference: 2 / 3
Author: | Ferrary, M. Granovetter, M. |
Title: | The role of venture capital firms in Silicon Valley's complex innovation network |
Journal: | Economy and Society
2009 : MAY, VOL. 38:2, p. 326-359 |
Index terms: | innovation networks venture capital |
Language: | eng |
Abstract: | This study tries to understand, why Silicon Valley has originated such many breakthrough innovations and large companies. The economy is viewed as a complex innovative capability of Silicon Valley, whose nodes are companies and whose links represent the various economic and financial ties connecting them. Innovation and entrepreneurship are understood as resulting from the interactions of numerous economic agents. The perspective of the study examines five different contributions of venture capital companies to Silicon Valley: financing, selection, collective learning, embedding and signalling. |
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