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The Emergence of Organizations and Markets$
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John F. Padgett and Walter W. Powell

Print publication date: 2012

Print ISBN-13: 9780691148670

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691148670.001.0001

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Why the Valley Went First

Why the Valley Went First

Aggregation and Emergence in Regional Inventor Networks

(p.520) 17 Why the Valley Went First
The Emergence of Organizations and Markets

Lee Fleming

Lyra Colfer

Alexandra Marin

Jonathan McPhie

Princeton University Press

This chapter shows the early emergence of Silicon Valley and Boston. Much has been made of the cultural differences between Silicon Valley in the Bay Area and Boston's Route 128. The chapter digs beneath this surface portrait, discerning which organizations are most generative. It looks at the structural differences between two leading technology hubs. Using patent data that capture inventor networks, the chapter highlights the importance of careers. It also reveals much greater information flow and career mobility across organizations and industries in the Valley than in Boston. This movement of people and ideas was spurred by the critical intermediary roles of certain institutions which functioned like the anchor tenants that were the pollinators in the biotechnology clusters in Chapter 14. The chapter thus argues that this anchoring of diversity is central to the formation of technology clusters.

Keywords:   Silicon Valley, Boston, regional inventor networks, Route 128, structural differences, technology hubs, inventor networks, anchoring of diversity, technology clusters

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