There’s an interesting thread on Slashdot about whether it’s possible to create another Silicon Valley. To economic developers, this fantastically successful land built on technology and money should be reproducible, given the right combination of academic, cultural and financial resources. Witness all the me-too area names like Philicon Valley or Silicon Alley that conjure up the promise of the original, but can never come close to the one-of-a-kind success Silicon Valley enjoys.
One of the points in the Slashdot discussion I hadn’t heard before was that the entrepreneurial culture in the Valley encourages risk and does not aggressively penalize failure (compared to Japan, for example). Many areas in the country have research universities, independent thinkers and an entrepreneurial infrastructure, but serial entrepreneurs and garage startups really seem to thrive in the cultural freedom found mostly in California.
So that makes me wonder: Do you think that an economy built on the federal government, scrutinized by Congress, subject to political budgeteering, and staffed by veterans and ex-feds is too risk adverse for such a substantial entrepreneurial culture to take hold?
View Comments
There are currently no comments to display.
Post a Comment
To post a comment, you must be a registered user of FCW.com and be logged in. Use one of the forms below to login or register for FREE to FCW.com. To protect your privacy, you can use an alias as your username.
