Methods and Models in Transport and Telecommunications : Cross Atlantic Perspectives
One aspect of the new economy is a transition to a networked society, and the emergence of a highly interconnected, interdependent and complex system of networks to move people, goods and information. An example of this is the in creasing reliance of networked systems (e. g. , air transportation networks, electric power grid, maritime transport, etc. ) on telecommunications and information in frastructure. Many of the networks that evolved today have an added complexity in that they have both a spatial structure , they are located in physical space but also an a spatial dimension brought on largely by their dependence on infor mation technology. They are also often just one component of a larger system of geographically integrated and overlapping networks operating at different spatial levels. An understanding of these complexities is imperative for the design of plans and policies that can be used to optimize the efficiency, performance and safety of transportation, telecommunications and other networked systems. In one sense, technological advances along with economic forces that encourage the clustering of activities in space to reduce transaction costs have led to more efficient network structures.
Innovation, Networks, and Knowledge Spillovers : Selected Essays
The volume is in three parts. The first part demonstrates that the processes of innovation and technological change are spatially differentiated, both regionally within countries and internationally between countries. The second part broadens, both conceptually and empirically, our understanding of the innovation process and the process of network formation, by examining the increasing importance of knowledge creation and diffusion in the new economy and how this is changing the nature of firms in crucial ways. Particular focus is laid on identifying the growing pressures for firms to develop more inter- and intrafirm networks and on providing lucid illustrations of these different kinds of networks. The third part discusses key issues related to the systems of innovation approach as a conceptual framework for regional innovation analysis and directs attention to enlightening conceptual and empirical work on the issue how knowledge spills over locally.
Entrepreneurship, the new economy and public policy : Schumpeterian perspectives
Silicon Valley is the most salient example of high-tech industrial clusters. Public policy makers throughout the world would like to learn the secrets of Silicon Valley in order to build their own high-tech economies. The existing literature on ind- trial clusters, which traces back to Marshall (1920), focuses on the way in which ?rms bene?t from locating in a cluster; it suggests that once a cluster comes into existence However, a more important question is how to reach this critical mass in the ?rst place. In contrast to the literature, evidence suggests that entrepreneurs rarely move when they est- lish high-tech start-ups. This contradicts the notion that location choice analyses lead entrepreneurs to a high-tech cluster. A high-tech industrial cluster such as Silicon Valley is characterized by c- centrated entrepreneurship.


