ABSTRACT

Research about regional concentrations of high-tech firms has caused increasing interest in the factors that contribute to such clustering. In particular, new economy and high-tech enterprises are deemed the bases for economic development and job creation. Recent experience with international competition in traditional industries and products underscores the role of both high technology and Research and Development (R&D). However, the tendency for uneven regional participation in such developments raises questions about how to create favourable conditions, especially in less advantaged regions.