Business Clusters
This is an excerpt from the paper...
There are certain electronic business and economic clusters within the United States. These areas are Route 128 in Massachusetts and Silicon Valley in California. Route 128 became successful with the small computer business and Silicon Valley with the microcomputer business. Silicon Valley is primarily a self-sustaining region that encompasses a growing number of indigenous high-tech firms devoted to serving the computer industry worldwide. It is a region of highly competitive entrepreneurs, small start-up companies and other educational and political resources that allows them to have dominance in this area. This paper will discuss the different demographic, market, legal and political characteristics of Silicon Valley. A conclusion will address the competitors and potential draws for Silicon Valley where other clusters are concerned. The huge market potential is one of the biggest reasons for the success of Silicon Valley. This is because the microcomputer industry was basically developed in Silicon Valley and this gave the area a major advantage in terms of market potential, a fact that may see their success continue for many years to come, “With their cultures of entrepreneurs and small companies in place, both the Silicon Valley and Route 128 were the scene of major technological advancements that had widespread applications. Route 128 got the mini computer business, which caused a tremendous explosion in the
. . .
Some common words found in the essay are:
Silicon Valley, San Jose, Valley Route, silicon valley, Palo Alto, Stanford University, Streamlining Council, Silicon Glen, Yahoo Aley, Valley Network, route 128, California Route, valley route 128, 1996 25, valley microcomputer, valley route, gwin 1994, market potential, silicon glen, high-tech firms, silicon valley route, silicon valley microcomputer, indigenous high-tech firms, 7 1997, valley microcomputer business,
Approximate Word count = 1173
Approximate Pages = 5 (250 words per page)
More Essays on Business Clusters
|
Customer Service
to Over
32,000 Professionally Written Papers!!!
