One of the most commonly observed features of the organization of markets is that similar
business enterprises cluster in physical space. In this paper, we develop an explanation for …

POWELL WW, KOPUT KW, BOWIE JI and SMITH-Doerr L.(2002) The spatial clustering of
science and capital: accounting for biotech firm–venture capital relationships, Reg. Studies …

Biotechnology firms operate in a high-risk and high-reward environment and are in a
constant race to secure venture capital (VC) funds. Previous contributions to the literature …

Using a unique database derived from prospectuses for US initial public stock offerings, we
examine the location of four actors (the firm's lawyers, the venture capitalists on the board of …

Where knowledge-based firms are located is important because entrepreneurship, firm
creation and innovation are typically associated with regional economic development …

Biotechnology, rather than a distinct industry like automobiles or steel, is instead a scientific
knowledge base—a rapidly evolving technology—that has economically valuable …

Abstract Knowledge-intensive industries tend to concentrate geographically, because of the
many spillovers that they generate. Thus new biotechnology firms often set up in regions that …

In industries populated by entrepreneurial high technology firms, the rapid development of
new products is viewed as a key determinant of success. Developing a portfolio of new …

The emergence of a recent literature (re)-discovering the importance of economic
geography'might seem paradoxical in a world increasingly dominated by E-mail, faxes, and …

County-level location patterns of INC 5000 companies provide one map of American
entrepreneurship and innovativeness, and understanding the local factors associated with …