S-Space Graduate School of International Studies (국제대학원) Dept. of International Studies (국제학과) 국제지역연구 국제지역연구 vol.03 (1994)
미국 실리콘밸리 첨단산업 발전의 사회적 배경
Social Background of the Development of High-Tech Industry in Silicon Valley
- Issue Date
- 서울대학교 지역종합연구소
- 지역연구, Vol.03 No.3, pp. 15-35
- This study is interested in the social background of the development of the high-tech industry in Silicon Valley. It may appear that Silicon Valley is an area in which market and free competition make high tech firms thrive. However, Silicon Valley"s industry has been developed under certain social background, that is, institutions and infrastructures. These institutions and infrastructures have been especially important for the formation of agglomeration of high tech firms, which is necessary precondition for autonomous development of a high-tech area. Proper institutions and infrastructure are necessary for industrial development even after the formation of agglomeration.
The items which compose the social background of the high-tech industry in Silicon Vally can be grouped into three categories. The items in the first category can be said to represent American charateristics. Those are such items as venture capital, anti-trust policy, the practice of spin-off. The items in the second category are what invited the high-tech firms to Silicon Valley. Those are Stanford university, good weather, and vicinity to San Francisco. The items in the third category are institutions and infrastructures which grew after the development of industry. Those are trade associations, business service companies, book shops, and newspapers and so forth.
This study examines the role of universities, venture capitals, and trade associations in the development of the high-tech industry in Silicon Valley, together with the situation of living condition, labor maket and industrial relations. This study also touches how Silicon Valley reponds to the stagnation of economic growh these days.