This paper compares patterns of industrial clustering in the British broadcasting and financial services industries. Recent trends of deregulation, rapid technological change, and globalization in both industries suggest the significant and increasing importance of clustering effects. This study...

This article looks at the rationale for government-sponsored technology awareness programmes in very new areas of technology, with special reference to virtual reality technology. For some high technology small firms (HTSFs) operating in new areas, marketing costs can be high even before sales...

This paper compares the dynamics of the process by which geographical clusters emerge in the US and UK computer industries, by modelling the evolution of firm growth and entry. In both countries, new companies are attracted by industry strength in particular sub-sectors in a particular region....

The aim of this paper is to estimate the importance of (induced) network effects in the use of mobile telephones and the impact of the structure of social networks on a consumer's adoption decision. This is done using social network data obtained from a survey of second year undergraduate...

Why do firms in high technology industries cluster at particular locations? Do firms grow faster at such locations and are disproportionately more new firms created in clusters? The contributors to this volume establish that new firms in computing and biotechnology have been attracted to...