Within the US, and in Europe and
Asia, several states and nations have tried to create another Silicon Valley.
All of them failed, to varying degrees. Clearly, the obvious reasons cited for
the technology-related success in America’s Bay Area—such as a huge pool of
educated people, access to venture capital, and a high-risk entrepreneurial
culture—aren’t enough. More important, Silicon Valley, as was stated by an
article in Scientific American, “has no monopoly on any of those features”.
Most important, government intervention, as was the case in China where Beijing
spent billions of dollars, cannot create an energetic and organic symbiosis
between industry and research.
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