What are the key success factors behind the competitiveness of Silicon Valley IT cluster?
Viktorova, Yana (2020)
2020
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2020061218610
https://urn.fi/URN:NBN:fi:amk-2020061218610
Tiivistelmä
Nowadays many countries face a challenge of achieving competitive advantage over other
nations. One factor affecting the rate of competitiveness of a nation is an ability to organize effective collaboration between such players as companies, research institutes, government and other actors inside the region. In other words, presence of a healthy and developed cluster in the region will accelerate its competitiveness.
When looking at the examples of various clusters Silicon Valley IT cluster is by far one of
the most developed aggregation of interconnected actors. Therefore, the objective was to
find out what were the factors that cause Silicon Valley IT cluster to be prosperous and
competitive. The GAP model was used as the theoretical framework. The task was to identify the “gaps” between multiple members inside and outside the cluster: and to ind out
what were the elements or “bridges” that were inherent in Silicon Valley’s collaboration
between cluster’s stakeholders.
Results identified several factors affecting general competitiveness of Silicon Valley IT cluster. The first factor was high mobility of resources and information enhanced with the use
of innovations that were being developed inside. The second factor was ambitious entrepreneurs who were keen on achieving their goal regardless of possible resource limitations. The third factor was failure tolerant environment which allowed enthusiastic individuals to get a fresh start in case of fiasco.
We can conclude that long-term efficient collaboration between cluster stakeholders together with mobility of resources result in the accelerated competitiveness.
nations. One factor affecting the rate of competitiveness of a nation is an ability to organize effective collaboration between such players as companies, research institutes, government and other actors inside the region. In other words, presence of a healthy and developed cluster in the region will accelerate its competitiveness.
When looking at the examples of various clusters Silicon Valley IT cluster is by far one of
the most developed aggregation of interconnected actors. Therefore, the objective was to
find out what were the factors that cause Silicon Valley IT cluster to be prosperous and
competitive. The GAP model was used as the theoretical framework. The task was to identify the “gaps” between multiple members inside and outside the cluster: and to ind out
what were the elements or “bridges” that were inherent in Silicon Valley’s collaboration
between cluster’s stakeholders.
Results identified several factors affecting general competitiveness of Silicon Valley IT cluster. The first factor was high mobility of resources and information enhanced with the use
of innovations that were being developed inside. The second factor was ambitious entrepreneurs who were keen on achieving their goal regardless of possible resource limitations. The third factor was failure tolerant environment which allowed enthusiastic individuals to get a fresh start in case of fiasco.
We can conclude that long-term efficient collaboration between cluster stakeholders together with mobility of resources result in the accelerated competitiveness.