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High-Technology Industry and Regional Development in Britain: The Case of the Cambridge Phenomenon

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  • D E Keeble

    (Department of Geography, Cambridge University, Downing Place, Cambridge CB2 3EN, England)

Abstract

After a discussion of the nature and definition of high-technology industry, original evidence on the recent (1981–84) regional and local evolution of high-technology industrial employment in Britain is presented. The case of the Cambridge Phenomenon is reviewed in detail, drawing upon a range of recent research to document the scale, nature, and impacts of rapid high-technology growth in the Cambridge region, especially in the 1980s. The volume of such growth in the period 1981–84 was greater in Cambridgeshire than in any other county of Britain. The reasons for Cambridge's exceptional performance are discussed, and to conclude there is a brief consideration of policy issues arising from the region's experience, including the role of universities and science parks, of government defence and procurement policies, of local small-firm assistance structures, and of selective help to ‘threshold’ firms.

Suggested Citation

  • D E Keeble, 1989. "High-Technology Industry and Regional Development in Britain: The Case of the Cambridge Phenomenon," Environment and Planning C, , vol. 7(2), pages 153-172, June.
  • Handle: RePEc:sae:envirc:v:7:y:1989:i:2:p:153-172
    DOI: 10.1068/c070153
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    Cited by:

    1. Backman, Mikaela, 2013. "Banks and New Firm Formation," Working Paper Series in Economics and Institutions of Innovation 301, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    2. Nijkamp, P. & Stough, R. & Sahin, M., 2009. "Impact of social and human capital on business performance of migrant entrepreneurs - a comparative dutch-us study," Serie Research Memoranda 0017, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    3. Helen Lawton Smith & Saverio Romeo, 2012. "Entrepreneurship and innovation: Oxfordshire’s high-tech economy–firm survival, growth and innovation," Chapters, in: Charlie Karlsson & Börje Johansson & Roger R. Stough (ed.), Entrepreneurship, Social Capital and Governance, chapter 2, pages 27-52, Edward Elgar Publishing.
    4. Gordon Murray, 1998. "A Policy Response to Regional Disparities in the Supply of Risk Capital to New Technology-based Firms in the European Union: The European Seed Capital Fund Scheme," Regional Studies, Taylor & Francis Journals, vol. 32(5), pages 405-419.
    5. Rolf Sternberg, 2010. "Neither Planned Nor by Chance: How Knowledge-Intensive Clusters Emerge," Chapters, in: Dirk Fornahl & Sebastian Henn & Max-Peter Menzel (ed.), Emerging Clusters, chapter 12, Edward Elgar Publishing.
    6. Gunnar Törnqvist, 2011. "The Geography of Creativity," Books, Edward Elgar Publishing, number 14758.
    7. Vladimir Shatrevich & Valentina Strautmane, 2015. "Industrialisation factors in post-industrial society," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 3(2), pages 157-172, December.
    8. Suma Athreye, 2000. "Agglomeration and Growth: A Study of the Cambridge Hi-Tech Cluster," Open Discussion Papers in Economics 29, The Open University, Faculty of Social Sciences, Department of Economics.
    9. Murray, Gordon C. & Marriott, Richard, 1998. "Why has the investment performance of technology-specialist, European venture capital funds been so poor?," Research Policy, Elsevier, vol. 27(9), pages 947-976, December.
    10. E. Stam & R. Martin, 2012. "When High Tech ceases to be High Growth: The Loss of Dynamism of the Cambridgeshire Regio," Working Papers 12-10, Utrecht School of Economics.

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