| ID | 148311 |
| Title Proper | Diffusion and adaptation |
| Other Title Information | why even the Silicon Valley model is adapted as it diffuses to East Asia |
| Language | ENG |
| Author | Klingler-Vidra, Robyn |
| Summary / Abstract (Note) | Diffusion scholarship expects little adaptation of core elements of policy models. However, the empirical reality is different; diffusion of even highly regarded models, such as the Silicon Valley venture capital (VC) policy model, results in marked adaptation. This article demonstrates why the Silicon Valley VC model is necessarily adapted differently by policy-makers in the geographically, ethnically and economically proximate states of Hong Kong, Taiwan and Singapore. More specifically, these policy-makers' interventionist orientations, private sector financing preferences and international versus domestic firm promotion biases drive contextually rational – and unique – adaptations of the Silicon Valley VC policy model. |
| `In' analytical Note | Pacific Review Vol. 29, No.5; Dec 2016: p.761-784 |
| Journal Source | Pacific Review Vol: 29 No 5 |
| Key Words | East Asia ; Diffusion ; Bounded Rationality ; Venture Capital ; Silicon Valley |