By Pontus Braunerhjelm, Maryann P. Feldman
Clusters - neighborhood concentrations of similar companies and companies - are obvious as a major portion of financial development and innovation. yet there's little figuring out of the way clusters come into lifestyles, and little suggestions supplied at the position of rules in selling this. Cluster Genesis makes a speciality of those early origins of clusters.
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Additional resources for Cluster Genesis: Technology-Based Industrial Development
See Hanson (1988). 2. Published in Los Angeles by the Motion Picture News. 3. The MPPDA is the antecedent of today’s Motion Picture Association of America. 4. , Warner Brothers, Educational Film Exchanges, and Fox Film Corporation, and (on the union side) the International Alliance of Theatrical and Stage Employees, the United Brotherhood of Carpenters and Joiners, the International Brotherhood of Electrical Workers, the International Brotherhood of Painters and Paperhangers, and the American Federation of Musicians.
This trend was underpinned by the arrival of a number of critical ﬁgures from New York, each of whom helped to establish a dynamic Hollywood cinema as such. One of these ﬁgures was Cecil B. de Mille who came to Los Angeles in 1913 on behalf of the Lasky Feature Play Company, and proceeded to ﬁlm The Squaw Man in a barn at the intersection of Selma and Vine Steets. The Squaw Man became the ﬁrst Hollywood ﬁlm to enjoy major international success. A year later, Zukor’s Famous Players Company also established production facilities in Hollywood and then in 1916 merged with the Lasky Company.
Thus, even though the capital to establish Fairchild was raised in New York, there was already a group of proto-venture capitalists in formation at the time of Fairchild’s establishment. In fact, there was a history of Stanford professors and administrators investing in start-ups that can be traced back to the early 41 The Coevolution of Technologies and Institutions investors in Federal Telegraph (Sturgeon 2000). 2 The Bay Area VC industry grew with the semiconductor industry, but it is important to note that semiconductors were only one of a number of industries funded.
Cluster Genesis: Technology-Based Industrial Development by Pontus Braunerhjelm, Maryann P. Feldman
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