CFOZone.com - The Network of Corporate Finance

Anne Field and I have each recently written on the topic of innovation and what makes a particular region or area a hotbed of entrepreneurship and innovation.

We each cite a different piece of research highlighting various factors that affect the relative success of particular regional clusters of development--in particular Silicon Valley in California versus Route 128 around Boston, Mass.

The two pieces of research differed on which was more successful as a model for growth and innovation.

So my questions for forum members are:

How should we rate the success of regional entrepreneurship and innovation clusters, and can the stories of these two regions provide a valid case study/benchmark for other development clusters?

See our blogs here for background on the research:
http://www.cfozone.com/index.php?option=com_myblog&show=How-to-encourage-a-culture-of-innovation.html&Itemid=713
http://www.cfozone.com/index.php/Newsflash/Which-states-are-the-most-least-competitiveu.html

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