The BBC reported that the group of technology and bioscience based companies in and around Cambridge is one of Europe’s most successful and best know clusters.
Since 1960, about 5,000 hi-tech companies have been founded in the area, of which 1,400 remain in business, employing about 40,000 people.
Increasingly big companies are even staying in Cambridge after acquisition by overseas companies such as Broadcom, HP, Medimmune and Takeda, while others, like Amgen, Microsoft and Toshiba, have chosen to locate and maintain research labs and development teams there to be close to these people.
A new book “The Cambridge Phenomenon” is published this week, that tracks and seeks to explain the area’s success. This book is written by By Charles Cotton and Kate Kirk
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