A way to foster innovation: a Venture capital district. From Silicon Valley and Route 128 to Waterloo Region
Abstract: Knowledge and technological change or innovation are key drivers of economic growth in the knowledge-based economy (KBE). Although the US economy is traditionally cited as the model, there are other technology frontier examples, such as Canada, arising from strong linkages among firms, research communities, the financial community and government. While Europe adopted the Lisbon 2010 goals, Canada’s goal is to become the 5th highest R&D intensive country in the world by 2010, up from its current position of 15th. This paper draws a comparison between the most important American districts - Route 128 and Silicon Valley - and the Waterloo Region of Ontario. Second, it focuses on the linkage between venture capital and Canadian universities and shows some successful cases of knowledge and technology transfer at the University of Waterloo. Taken together, these sections provide a snapshot of the nature and status of technology transfer at Canadian universities and how it compares with that in the US
|Date of creation:||17 May 2007|
|Contact details of provider:|| Postal: Via Conservatorio 7, I-20122 Milan - Italy|
Phone: +39 02 50321522
Fax: +39 02 50321505
Web page: http://www.demm.unimi.it
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Paul M Romer, 1999.
"Endogenous Technological Change,"
Levine's Working Paper Archive
2135, David K. Levine.
- Lerner, Josh & Schoar, Antoinette, 2004.
"Transaction Structures in the Developing World: Evidence from Private Equity,"
4468-04, Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Lerner, Josh & Schoar, Antoinette, 2004. "Transaction Structures in the Developing World: Evidence from Private Equity," Working papers 4468-04, Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Breschi, Stefano & Malerba, Franco, 2001. "The Geography of Innovation and Economic Clustering: Some Introductory Notes," Industrial and Corporate Change, Oxford University Press, vol. 10(4), pages 817-33, December.
- Nadiri, M.I., 1993. "Innovations and Technological Spillovers," Working Papers 93-31, C.V. Starr Center for Applied Economics, New York University.
- Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-70, December.
When requesting a correction, please mention this item's handle: RePEc:mil:wpdepa:2007-24. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (DEMM Working Papers)
If references are entirely missing, you can add them using this form.