Title: Bay-to-bay strategic alliances: the network linkages between Taiwan and the US venture capital industries
Authors: AnnaLee Saxenian, Chuen-Yueh Li
Addresses: Department of City and Regional Planning, University of California at Berkeley, 228 Wurster Hall, Berkeley, CA 94720-1850, USA. Department of Economics, Graduate Program, University of California, Los Angeles, 405 Hilgard Ave, Los Angeles, CA 90095-1477, USA
Abstract: Taiwan stands out as an early success story in developing a venture capital (VC) industry. Domestic policy makers introduced VC in the early 1980s and today the island boasts a flourishing VC sector that is closely associated with the upgrading of the personal computer and integrated circuit industries. This paper describes the industry’s origins in the close connections to Silicon Valley built by overseas Chinese, and it analyses the resulting patterns of cross-regional collaboration between the VC industries in the USA and Taiwan.
Keywords: venture capital; investment network; strategic alliance; Overseas Chinese; Silicon Valley; Taiwan; information technology.
International Journal of Technology Management, 2003 Vol.25 No.1/2, pp.136-150
Published online: 11 Jul 2003 *Full-text access for editors Access for subscribers Purchase this article Comment on this article