ABSTRACT

This chapter reports on systematic research that addresses the extent to which different geographical regions of the United States function as industrial incubators for the founding and growth of new technology-based ventures. To understand the role of regions as incubators in the birthrate and survival of new technology-based ventures, a multivariate approach has been taken. The population studied is all new semiconductor industry companies founded in the United States between 1978 and 1985. Original within-firm data were gathered on-site and by telephone and were augmented by existing data on industry-specific resources indigenous to the region of birth. Data on regional resources were collected from a variety of sources, including government documents, the semiconductor industry, the service industry, and venture capital industry directories. The findings regarding the skewed regional clustering of new semi-conductor ventures are consistent with other research. The chapter moves from statistical analyses to a more descriptive approach to the data.