Bay Area (California, USA) and Hsinchu (Taiwan) Biotech Clusters: A Comparative Analysis

Over the years industry clusters have been touted to have economic and strategic advantages and have been used to develop embryonic industries. Cluster development process and methodology have generally taken two distinct approaches, "laissez-faire," which is economic system driven vs. &qu...

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Bibliographic Details
Published in:Journal of Asia-Pacific business 2005, Vol.6 (4), p.45-60
Main Author: Efendioglu, Alev M.
Format: Article
Language:English
Subjects:
biotech
Biotechnology
Biotechnology industry
California
Cluster analysis
Clusters
Comparative analysis
Economic aspects
Economic development
High technology industries
Hsinchu
Industrial development
Legislation
San Francisco bay region
SF Bay Area
Silicon Valley, California
Studies
Taiwan
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Summary:Over the years industry clusters have been touted to have economic and strategic advantages and have been used to develop embryonic industries. Cluster development process and methodology have generally taken two distinct approaches, "laissez-faire," which is economic system driven vs. "planned/sponsored," which is driven by government policy and intent. This paper looks at two biotech clusters that are representative of each of these methodologies, the SF Bay Area (California, U.S.) cluster and the Hsinchu (Taiwan) cluster to identify the evolution and success of these two methodologies.
ISSN:1059-9231
1528-6940
1547-0636
DOI:10.1300/J098v06n04_04