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Route 128 has been to compete with Silicon Valley to complement

Route 128 is characterized by a high concentration of enterprises, institutions, the best universities in the world and a population with a high educational level. In his or igen, Route 128 housed textile companies, but after the suffered severe economic downturn in 1968 and the decline of the textile industry, gave way to an industrial based in computer science and telemedia, which originated spontaneously by the high qualified cac ion human resources of the Universities of Harvard and MIT . This transformation took place in the 80 is comoce as Massachusetts Miracle. He spent a busy period of deindustrialization and unemployment in an era of high economic growth concentrated in high-tech industry and financial services. This growth was in Boston and areas near Route 128, Route 128 as no longer just a road and was converted into a high-tech area.

This concentration companies s to s was ex economies triples and steeled chains produced c tive and services, creating a fully competitive environment, to generalize the mobility of factors and the formation of chains communication between entrepreneurs and researchers. factors stand out as crucial in this development is the proximity to research centers and development of high technology (MIT and Harvar d), the quality of life support from existing and e the Administration Public to in R & D (especially military). The high quality of education is one of the s items Boston distinctive and attract knowledge workers, which, combined with the high density of institutions of higher sta nding world renowned in the city leads to a highly educated human capital. Therefore, the success factors of Route 128 are

• Having world-class institutions.
  
• A high investment in human capital.
• A broad and diverse technology sector.
• financial system involvement in economic development.
• The cluster of biotechnology is one of the world's leading centers .

Algunoss success factors of Route 128 overlap with the factors that characterize Silicon Valley and both areas long have been competitors. Currently there is still a rivalry between the two regions but Route 128 has been able to find a way complement to Silicon Valley, and concentrated in the areas of software, telecommunications, medical technology and financial services .

Sources: Portal business development of the community of Madrid , Businnesweek and wikipedia.