Does Geographic Clustering Still Benefit High Tech New Ventures? The Case of the Cambridge/Boston Biotech Cluster
Name
esd-wp-2009-01.pdf
Size
3.87 MB
Format
Adobe PDF
Checksum (MD5)
d6b6c00cedfee08260948c9fe532cb69
Author(s)
Allen, Thomas J.
Raz, Ornit
Gloor, Peter A.
Date Issued
April 2009
Publisher
Massachusetts Institute of Technology. Engineering Systems Division
Series/Report no.
ESD Working Papers;ESD-WP-2009-01
Abstract
An empirical study of scientific communication among biotechnology companies supports the belief that geographic clustering does produce increased scientific exchange among companies. A comparison of companies within a constrained geographic area with those more dispersed shows a significantly higher level of scientific communication among the former. Scientific communication declines rapidly with plupical separation.
Critical of the formation of cluster – based scientific communication networks is the presence of both universities and large firms from the same industry.
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