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Creating Silicon Valley in EuropePublic Policy Towards New Technology Industries$
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Steven Casper

Print publication date: 2007

Print ISBN-13: 9780199269525

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199269525.001.0001

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(p.177) 8 Conclusion
Creating Silicon Valley in Europe

Steven Casper (Contributor Webpage)

Oxford University Press

Governments around the world are investing resources and designing policies aimed at promoting competitiveness in new technology industries. This chapter summarizes key findings from the study, emphasizing the on-going importance of national institutional frameworks in structuring patterns of innovation within the economy. While evidence from the US, UK, Germany, and Sweden support comparative institutional approaches such as the varieties of capitalism theory, evidence from the study does show that public policy is an important complement to institutions, and can be used to enhance national competitiveness in new technology industries.

Keywords:   institutional theory, varieties of capitalism, public policy, technology policy, competitiveness, innovation

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