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"Old Economy" Inputs for "New Economy" Outcomes: Cluster Formation in the New Silicon Valleys
Presented at the 2002 DRUID Summer Conference, the study contests that cluster development is a combination of elements of both new economic theory focusing on increasing returns and old economic theory, concentrated on comparative advantage. A few public policy recommendations are offered as well.
Link
http://www.druid.dk/conferences/summer2002/Papers/GAMBARDELLA_BRESNAHAN_SAXENIAN.pdf