Economic impacts of Science and Technology Corridors on regional development, Case study: Silicon Valley
Subject Areas : Science and Technology Parks and IncubatorsRohollah Shahnazi 1 * , Zahra Dehghan Shabani 2
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Keywords: ., ., ., ., Silicon Valley, Entrepreneurship, Venture Capital, Science and Technology Corridor ,
Abstract :
One of the strategies with successful experience for many developed countries, based on knowledge-based economy, is the formation and development of science and technology corridors. These areas have a positive impacts on the regional growth that the purpose of this paper is to determine them. Also in this paper the effects of Silicon Valley, as the first and largest science and technology corridor in the world, on regional growth was evaluated. Theoretical results show the science and technology corridors have positive effects such as solve the problem of small and medium enterprises to improve competitiveness, increase innovation and improve technology, improve entrepreneurship and increase the venture capital. This results in Silicon Valley has been confirmed.