Triple Helix and the evolution of ecosystems of innovation: the case of Silicon Valley

Silicon Valley’s innovation ecosystem has evolved in the last decade. In this study we aim to understand how and why Silicon Valley evolves by identifying changes on the role played by the Triple Helix Agents. We also aim at identifying if changes in one of the agents trigger evolution of the others...

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Detalles Bibliográficos
Autores: Pique Huerta, Josep Miquel, Berbegal Mirabent, Jasmina|||0000-0001-5145-2179, Etzkowitz, Henry
Tipo de recurso: artículo
Fecha de publicación:2018
País:España
Institución:Universitat Politècnica de Catalunya (UPC)
Repositorio:UPCommons. Portal del coneixement obert de la UPC
Idioma:inglés
OAI Identifier:oai:upcommons.upc.edu:2117/360115
Acceso en línea:https://hdl.handle.net/2117/360115
https://dx.doi.org/10.1186/s40604-018-0060-x
Access Level:acceso abierto
Palabra clave:Technological innovations
New business enterprises
Silicon Valley
Innovation ecosystems
Triple Helix
Evolution
Startup
Innovacions tecnològiques
Empreses--Creació
Àrees temàtiques de la UPC::Economia i organització d'empreses
Descripción
Sumario:Silicon Valley’s innovation ecosystem has evolved in the last decade. In this study we aim to understand how and why Silicon Valley evolves by identifying changes on the role played by the Triple Helix Agents. We also aim at identifying if changes in one of the agents trigger evolution of the others. Taking the startup as the unit of analysis and applying a multiple case-study approach, the results are analyzed on the bases of the Triple Helix Model and interpreted in the light of the periods of development of an entrepreneurial venture. Our findings suggest that the role of the Triple Helix agents evolves over time and therefore, so does an innovative ecosystem. Main changes refer to the (1) rise of accelerator programs as a new player in the ecosystem; (2) an early engagement of corporations with startups; (3) the geographical expansion of Silicon Valley, now including San Francisco; (4) an increasing commitment of universities with capital funds; and (5) the rise of micromultinationals due to talent shortage and fierce competition in the area.