The Change Succeeding the Initial Spark - Entrepreneurship Over and Over

The Change Succeeding the Initial Spark ” Entrepreneurship Over and Over

As the local heroes generated the awareness that a lot of high-tech potential was waiting to be set free within the Cambridge region, various dynamics started picking up all over the place. The Cambridge model is made up of four fundamental drivers that have enabled the transition from an environment driven by sporadically acting local heroes to the development of a world-renowned and well-organized high-tech cluster. These drivers are:

• The University of Cambridge as a world-leading source of intellectual capital, and its increasing role promoting the transfer of technology

• The Cambridge consultancies as prime sources of high-tech spin-offs

• The lubricating function of innovation networks

• The role that the government plays, keeping well out of the high-tech environment