Economic Ecosystems

jlaw coverHow do localized industries adapt to not only changing technological environments but also to an ever-changing economy? In today’s market this is especially vital to clustered industries and their communities, such as those found in Silicon Valley. Dr. Nydia MacGregor and Dr. Tammy L. Madsen with Santa Clara University explore how Silicon Valley evolved after a drastic change — the dot-com bust — in their newly published article, “Recovery Following Disruption to an Ecosystem: The Effects of the Internet Bust on Community Evolution,” in the Journal of Leadership and Organizational Studies.

The abstract:

Using data on all organizations operating in California from 1993 to 2006, this article explores the evolution of industries and communities before and after a disruption to the region (the dot-com bust). Our results indicate that an association with the Silicon Valley’s high-tech industry clusters explains more of the variance in organizational foundings in communities located in California after the disruption as compared with the predisruption time period. In contrast, the benefits of a Silicon Valley location for nascent organizations erode postdisruption. The findings also demonstrate that, pre and post the dot-com bust, organizational foundings are explained more by an organization’s high-tech industry affiliation than by its Silicon Valley location.

Read the entire article online in the Journal of Leadership and Organizational Studies, and sign up for e-alerts here so you don’t miss out on JLOS’ latest articles and issues.

This entry was posted in Uncategorized by Cynthia Nalevanko, Editor, Management INK. Bookmark the permalink.

About Cynthia Nalevanko, Editor, Management INK

Founded in 1965, SAGE is the world’s leading independent academic and professional publisher. Known for our commitment to quality and innovation, SAGE has helped inform and educate a global community of scholars, practitioners, researchers, and students across a broad range of subject areas. With over 900 employees globally from principal offices in Los Angeles, London, New Delhi, Singapore, and Washington DC, our publishing programme includes more than 560 journals and over 800 books, reference works and databases a year in business, humanities, social sciences, science, technology and medicine. Believing passionately that engaged scholarship lies at the heart of any healthy society and that education is intrinsically valuable, SAGE aims to be the world’s leading independent academic and professional publisher. This means playing a creative role in society by disseminating teaching and research on a global scale, the cornerstones of which are good, long-term relationships, a focus on our markets, and an ability to combine quality and innovation. Leading authors, editors and societies should feel that SAGE is their natural home: we believe in meeting the range of their needs, and in publishing the best of their work. We are a growing company, and our financial success comes from thinking creatively about our markets and actively responding to the needs of our customers.

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