Why Information Grows by Cesar Hidalgo

Author:Cesar Hidalgo
Language: eng
Format: mobi, epub
ISBN: 9780465039715
Publisher: Basic Books
Published: 0101-01-01T00:00:00+00:00

In contrast, the Route 128 region is dominated by autarkic corporations that internalize a wide range of productive activities. Practices of secrecy and corporate loyalty govern relations between these firms and their customers, suppliers, and competitors, reinforcing a regional culture that encourages stability and self-reliance. Corporate hierarchies ensure that authority remains centralized, and information tends to flow vertically. Social and technical networks are largely internal to the firm, and the boundaries among firms and between firms and local institutions remain far more distinct in this independent, firm-based system.14

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