The significance of location behavior and the clustering of firms is a basic concept of location theory and economic geography. The geography of innovation builds upon these agglomeration economies in identifying regions that have unique identifiers which make them “innovation hearths” (Crevoisier, 2004) that appear to encourage creativity and entrepreneurial success. The literature has suggested that these categorically bounded regions (Silicon Valley, New York City, Houston) encourage knowledge spillovers, network alliances, and interactions among firms resulting in geographic clusters of innovative activity. A question highly contemplative by this research is the relationship between the firm’s behavior and the role the organizational environment both external and internal play in stimulating innovation. This research studies the aforementioned in what seems to have become an incubator for innovative behavior for professional business service and high technology service firms (NAICS 541) in the South Florida region.

The major research questions examined within the study focus on understanding the combination and complexity of spatial and firm behavioral attributes based on integration of the constructs contained in the Knowledge Based, Resource Dependency, and Population Perspective Theories that attract and nurture entrepreneurial success among professional and technology organizations. This theoretical basis is an example of organizations “maximizing their power” and in doing so they become more entrepreneurial and more successful (Ulrich and Barnay, 1984). The research is concerned with determining the extent local attributes support entrepreneurship and how this relationship is tempered by the age of the firm and type of industry. The study also explores the topic of bounded space and its emerging relationship to virtual realities. The methodology relies on survey research as a primary source of data coupled with multivariate analysis and modeling to define key relationships and interactions.