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This article analyses the relationship among entrepreneurship, innovation and growth path regarding the technological cluster in Sao Jose dos Campos, state of Sao Paulo. This is an exploratory and descriptive study, supported by documental research and questionnaires applied in a non-probabilistic sample. The results show a relevant social reorganization since CTA/ITA were implemented, in the early Fifties’, which coincides with the arrival of international companies, attracted by the Geographic aspects, high qualified manpower availability and tax benefits. Since then, the municipality has experienced an intense migratory flow of professionals, professors, civil and military students. CTA and ITA generate a considerable level of technological knowledge spillover. Due to it, a number of new companies have started-up operations locally in fields such as Aeronautics, Airspace, Automobile and Petrochemical, which promoted a remarkable social and economic development. Nevertheless, the small and medium technology-based enterprises seem to show high dependence of the core companies in the region that leads to initial stages of internationalization.
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