Abstract

The formation and expansion of special areas with corridors of science and technology is one of the strategies that have brought successful experience to many developed countries based on a knowledge-based economy. The focus of work in these corridors is based on the principle of collective efficacy and formation of past and future links between corporations within the corridor. These areas have several positive impacts on regional growth and determining them is the purpose of this paper. Also, in this article, the effects of Silicon Valley, as the first and largest corridor of science and technology in the world, have been investigated on regional growth indices. The theoretical results of the paper show that science and technology corridors Affects regional growth through some ways like solving the problem of small and medium enterprises (using cluster and network structure in the organization of small and medium enterprises), improving competitiveness (Through increasing productivity based on the location of companies, with quick directing and innovation progress and encouraging the formation of new businesses), increasing innovation and technology upgrades, improve entrepreneurship, increase risky investment (according to supportive and insurance laws of corridors from risky investments and pay subsidies of risky investment in corridors compared with outside) and corridor savings (including external savings, savings due to aggregation, scale savings, and savings due to diversity). The results of Silicon Valley's experience in attracting risky capital, increasing employment, increasing per capita income, and ultimately regional growth confirm it.