Clustering and the R&D management of high-technology small firms: In theory and practice

Ray Oakey

Research output: Contribution to journalArticlepeer-review


Much of the policy assistance for high-technology small firms (HTSFs) over recent years has been directed at encouraging their research and development (R&D) collaboration through local networking and technology transfer. Following a consideration of why HTSFs are formed, and how they perform R&D in order to cope with the competitive environment, this paper explores the value of external collaborative R&D to internal R&D management, inside geographically concentrated incubators, science parks or clusters. It is concluded that, although R&D collaboration with external partners occurs in limited instances, much HTSF R&D is highly confidential, competitive and wholly internalised. This tendency, as far as it relates to R&D management, is significant in that it minimises the likelihood that local management collaboration between co-located firms will improve the performance of R&D projects. © 2007 Blackwell Publishing Ltd.
Original languageEnglish
Pages (from-to)237-248
Number of pages11
JournalR and D Management
Issue number3
Publication statusPublished - Jun 2007


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