MICRO-FOUNDATIONS OF TECHNOLOGY CLUSTER EMERGENCE: EVIDENCE FROM JOHANNESBURG, SOUTH AFRICA AND MEDELLIN, COLOMBIA

Author:

GILBERT BRETT ANITRA1,VELEZ-CALLE ANDRES2,LI YUANYUAN3,CREWS MARCUS I4

Affiliation:

1. Department of Management, Kogod School of Business, American University 4400 Massachuetts Ave. NW, Washington, D.C. 20016, USA

2. Universidad EAFIT, Medellin-Colombia

3. Department of Marketing, College of Business and Economics, California State University, Los Angeles 5151 State University Dr, Los Angeles, CA 90032, USA

4. Management and Global Business Department, Rutgers Business School, Rutgers University 1 Washington Park, Newark, NJ 07102, USA

Abstract

Many regions are either without technology clusters or in early stages of their development. This paper uses a micro-foundations perspective to understand the potential for technology development, new venture creation and market creation to occur in these regions. The study surveys people from two city-regions in the Global South — Medellin, Colombia, and Johannesburg, South Africa. The results show that in these two cities that have developed different reputations for innovation, different micro-foundation profiles are present. General support is found for our hypothesis that regional micro-foundations may drive the progress toward technology cluster formation.

Publisher

World Scientific Pub Co Pte Lt

Subject

Strategy and Management,Economics and Econometrics,Business and International Management

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