Comparing High Technology Firms in Developed and Developing Countries: Cluster Growth Initiatives

Technology is the cornerstone of national development. The presence and widespread use of high technology marks the distinguishing characteristics between developed and developing countries. It is, thus, important to have a comparative analysis of high technology firms in developed and developing countries. This edited book does exactly that. The editors assembled a wide array of world-renowned experts, who provided a wide coverage of various topics dealing with high technology. The 16 chapters of the book cover 286 pages. The diversity of views and techniques presented in the book contribute to the intended theme of the book. Chapter 1 presents dynamic competitive geographic clusters in the generation of innovative capabilities. The chapter reiterates the theory of the " Triple Helix " which, in terms of industrial policy, denotes the three-way relationship between government, industry and researchers. Such a tripartite alliance does drive innovation to create a comparative basis among firms. The chapter also talks about the importance of innovation for development and growth. In this respect, the chapter emphasizes the " Theory of Economic Development " as a distinguishing characteristic of regional development. Chapter 2 addresses the issue of " innovation by imitation " in the sense that benchmarking and emulation can provide the impetus for self-directed innovation in regional development competition. Citing a 1993 publication, the author's list seven contingencies through which public-policy lessons can be drawn.