Like the Greeks who sailed with Jason in search of the Golden Fleece, the new Argonauts--foreign-born, technically skilled entrepreneurs who travel back and forth between Silicon Valley and their home countries--seek their fortune in distant lands by launching companies far from established centers of skill and technology. Their story illuminates profound transformations in the global economy.
Economic geographer AnnaLee Saxenian has followed this transformation, exploring one of its great paradoxes: how the "brain drain" has become "brain circulation," a powerful economic force for...
Like the Greeks who sailed with Jason in search of the Golden Fleece, the new Argonauts--foreign-born, technically skilled entrepreneurs who travel...
Why is it that business in Silicon Valley is again flourishing while along Route 128 in Massachusetts it continues to decline? The answer, Sexanian suggests, has to do with the fact that despite similar histories and technologies, Silicon Valley developed a decentralized but co-operative industrial system while Route 128 came to be dominated by independent, self-sufficient corporations. The result of more than 100 interviews, this analysis highlights the importance of local sources of competitive advantage in a volatile world economy.
Why is it that business in Silicon Valley is again flourishing while along Route 128 in Massachusetts it continues to decline? The answer, Sexanian su...
